BoE Keeps Rates Unchanged Amid Energy Price Fears
The Bank of England has decided to keep interest rates unchanged at 3.75%, despite three policymakers voting for a hike.
In their decision, the Monetary Policy Committee highlighted concerns over energy prices and persistent inflationary pressures.
Catherine Mann, Megan Greene, and Huw Pill were the three members who voted for a 25-basis-point rise to 4%.