Live Feeds
● LIVE Updated 1d ago · 24 sources tracked

Interest rates expected to be held by Bank of England

The Bank of England kept interest rates steady in June. Officials aim to return inflation to target despite price pressures from Middle East conflict.

RSS Source map (19)

What changed

New reports link potential future inflation increases to energy prices and Middle East conflict.

Live updates

  1. Bank of England maintains interest rates for fourth straight meeting

    The Bank of England kept interest rates steady in June. Officials aim to return inflation to target despite price pressures from Middle East conflict.

    What's confirmed:

    • The Bank of England held interest rates for the fourth consecutive time in June.
    • Conflict in the Middle East has impacted energy prices and will increase inflation this year.

    Still unconfirmed:

    • Inflation is set to rise in the UK.
    confidence 90%

  2. Bank of England maintains interest rate at 3.75%

    The Monetary Policy Committee kept the key interest rate at 3.75% in a 7-2 vote. This marks the fourth consecutive meeting without a rate change. The decision follows a cooling labour market and steady inflation.

    What's confirmed:

    • The Monetary Policy Committee voted 7-2 to keep the key interest rate at 3.75%.
    • The Bank of England sets the Bank Rate to keep inflation stable.
    • This is the fourth straight meeting where rates remained unchanged.

    Still unconfirmed:

    • Conflict in the Middle East has shifted UK interest rate predictions.
    confidence 100%

  3. Bank of England maintains interest rates at 3.75%

    The Monetary Policy Committee voted 7-2 to keep the key interest rate at 3.75%. This is the fourth straight meeting where rates remained unchanged. The decision follows data showing steady inflation and a cooling labour market.

    What's confirmed:

    • The Bank of England kept its key interest rate at 3.75%.
    • The Monetary Policy Committee voted 7-2 to hold rates.
    • This is the fourth consecutive meeting where rates were left unchanged.

    Still unconfirmed:

    • The labour market is continuing to cool without a sharp deterioration.
    • The interest rate affects mortgage, loan and savings rates for millions.
    • The Monetary Policy Committee cut rates four times last year.
    confidence 100%

  4. Bank of England maintains interest rates at 3.75%

    The Bank of England kept interest rates at 3.75% in a 7-2 vote. This marks the fourth consecutive hold since December 2025. The decision comes as the bank monitors peace prospects and an Iran deal.

    What's confirmed:

    • The Bank of England held interest rates at 3.75%.
    • The decision to hold rates was reached via a 7-2 vote.
    • This is the fourth consecutive time rates have been held since December 2025.
    • Governor Andrew Bailey described recent oil price drops as "encouraging".
    • The Bank of England last cut interest rates in December.

    Still unconfirmed:

    • High energy prices from the Iran war have left "inflationary pressure in the pipeline".
    • The Bank is signaling caution regarding the opening of Hormuz.
    confidence 95%