Bank of England holds interest rates at 3.75%

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The Bank of England maintained the Bank Rate at 3.75 per cent following a split 6-3 MPC decision, as the UK economy showed improved inflation results. Despite this, policymakers warned that strategy could change before a challenging second half of the year for price stability. Although rate cuts were previously expected, concerns regarding an inflation spike caused by the conflict in Iran led to a cautious approach, with further interest rate hikes now anticipated this year.
30/07 14:05 cityam.com
16 Sources
30/07 14:10 dailymail.com
30/07 14:15 standard.co.uk
30/07 14:20 theguardian.com
30/07 14:45 dailymail.com
30/07 14:50 ft.com
30/07 18:15 standard.co.uk
30/07 18:50 ft.com
30/07 19:30 standard.co.uk
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