Bank of England holds rates at 3.75% as three policymakers back a hike
Share Talk reports that inflation had risen to 3.1% and the FTSE 100 closed 1.19% higher after the rate decision.
TLDR
Share Talk reports that the Bank of England voted 6β3 on September 17 to hold rates at 3.75%, with three policymakers favoring an increase to 4%. The Economic Room says UK inflation is expected to rise above 4% in early 2027 and prolonged Middle East conflict could force rates higher. It also says the Bank paused active sales of giltsβUK government bondsβfor six months.
Combined views
4.1K
2 Sources, first seen 12d ago