Daily Market Updates: Bank of England holds interest rate steady at 3.75%

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Bank of England holds interest rate steady at 3.75%

The Bank of England kept its policy rate unchanged and flagged potential upside inflation risks, even as it matched economist expectations.

Reported · Written up by our desk · Central Banks

CNBC World reports that the Bank of England held U.K. interest rates steady at 3.75%, in line with economists' expectations.

The outlet said policymakers also warned there is upside risk to inflation, indicating the decision was accompanied by continued inflation-watch from the central bank.

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Sources

CNBC WorldBank of England holds UK interest rate steady at 3.75% , but policymakers see upside inflation risk

Bonds & Rates

Bank of England holds interest rate steady at 3.75%

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