Pound falls after BoE holds rates at 3.75% in 6-3 split vote; Bailey says tightening needed if conflict persists

The Bank of England left its policy rate unchanged at 3.75% in a 6-3 split vote, diverging from the ECB and Fed, and the pound fell sharply after the decision. Governor Andrew Bailey said further tightening will be necessary if the conflict lasts as long as seems likely.

Detected & updated continuously · Source: Nebula