Bank of England holds rate at 3.75% in split 6-3 vote
Why it matters: Three policymakers backed a quarter-point hike as energy shocks kept inflation risks tilted upward.
Bloomberg, CNBC
Why it matters: Three policymakers backed a quarter-point hike as energy shocks kept inflation risks tilted upward.
What's new: The bank cut its peak inflation forecast to 3.25% as oil fell below $80 a barrel after the US-Iran truce.
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.