Bank of England holds base rate at 3.75%

The Monetary Policy Committee voted by a majority of 5-4 to maintain the bank rate

Alex Black
Deputy Editor
clock • 1 min read
Bank of England holds base rate at 3.75%

Four members voted to reduce Bank Rate by 0.25 percentage points, to 3.5%. The Bank of England (BoE) said although CPI inflation was currently above its 2% target, it was expected to fall back to around...

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