BOE Holds Rates at 3.75% in 7-2 Vote, Citing Encouraging Oil Price Drop
2026-06-18 11:07:39
The Bank of England held interest rates at 3.75% in a 7-2 vote, while saying the recent fall in oil prices was “encouraging.” According to Bloomberg, two policymakers voted for an immediate quarter-point hike, citing concerns about persistent inflation.
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