Bank of England holds rate at 3.75% in 7-2 vote as inflation lingers
What's new: Two policymakers backed a hike to 4%, even as the bank cut its peak inflation forecast to 3.25% for late 2026.
Bloomberg, CNBC +1
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#Bank Of England
UK inflation held at 2.8% in May ahead of Bank of England vote
What's next: Markets see a 95% chance the Bank of England leaves rates at 3.75% on Thursday, though traders still expect a hike later this year.