Forex

Bank of England Keeps Interest Rate at 3.75 Percent Amid Energy Price Concerns

Guavy AI Editorial Team Published July 30, 2026

Instruments

GBP

The Bank of England has decided to keep its policy rate at 3.75 percent on Thursday, despite inflation starting to fall.

However, the bank is not yet calm as energy prices are still a concern and could push inflation up again.

The decision was made by the Bank of England's Monetary Policy Committee with a vote of 6 to 3. The majority voted to hold the interest rate, while three members supported a 25 basis point increase to 4 percent.

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