United Kingdom/Economy/Bank of England keeps interest rates at 3.75% in a close vote

Bank of England keeps interest rates at 3.75% in a close vote

Feb 16, 202622 sources

org:bank of englandtopic:interest rates

Summary

The Bank of England decided to keep its main interest rate at 3.75%. The vote by the central bank's policymakers was very close.

A Bank of England official, Catherine Mann, said the UK's minimum wage policy is raising youth unemployment. A separate survey showed markets expect UK interest rates to fall to 3.0% by early 2027.

Source Headlines

22 headlines from 11 publishers

UK economic growth shows repeated seasonal slump for fourth year

Feb 15

Markets expect UK interest rates to bottom out at 3.0% in Q1 2027, BoE survey shows

Feb 9

UK economy gathers pace at start of 2026 but cost burdens persist, PMI shows

Feb 6

UK grocery inflation eases to nine‐month low of 4%, says Worldpanel

Feb 4