Andrew Bailey shares positive news as UK inflation falls faster than forecast
Governor Andrew Bailey says disinflation is ahead of schedule after rates were held today. He noted that price pressures are easing faster than expected.
The Bank of England voted 5-4 to keep its policy interest rate on hold at 3.75% on February 5, 2026. This decision and the assessment provided by the central bank define its current monetary policy stance and indicate the near-term inflation trajectory for the United Kingdom 
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GB.Governor Andrew Bailey andrew bailey stated that disinflation is on track and is progressing ahead of the schedule the Bank of England had expected in November. According to Andrew Bailey andrew bailey, this progress in reducing price pressures is a key component of the bank's current outlook. The narrow 5-4 split among the committee members highlights the significance of the decision for the national policy of the United Kingdom GB.
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