EconomyBank of England holds rates at 3.75% in divided 6-3 vote as inflation reaches five-month high
The Bank of England kept its main interest rate at 3.75% in a 6-3 vote. Three of its nine policymakers backed a rate increase, revealing a split committee as the Iran war’s energy shock lifted inflation to a five-month high of 3.1%.
Bank of England holds rates at 3.75% in divided 6-3 vote as inflation reaches five-month high