LONDON DAILY ARCHIVE

Bank of England Holds Interest Rates at 3.75 Percent Despite Easing Inflation

The Bank of England’s Monetary Policy Committee voted by seven to two to keep the Bank Rate unchanged at 3.75 percent at its June meeting. Inflation has eased to 2.8 percent, but policymakers said they remain concerned about potential second-round effects in wages and pricing, alongside continued uncertainty in global energy markets.

21 June 2026 · 12:44 UTC