Bank of England votes 7-2 to hold rates at 3.75%
- Posted on June 18, 2026
- By Business News Today
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- 1 min read
Bank of England votes 7-2 to hold rates at 3.75%
The Bank of England has chosen to maintain interest rates at 3.75 percent, a decision that aligns with prevailing predictions among economists. Although consensus prevailed, a couple of policymakers pushed for a higher rate. As Governor Andrew Bailey notes, inflationary pressures are expected to rise, despite the prospect of a new agreement with Iran.
