Bank of England holds interest rates at 3.75 percent

The Monetary Policy Committee voted unanimously to keep the Bank Rate at 3.75 percent yesterday. Officials are monitoring the impact of rising energy costs.

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The Monetary Policy Committee of the United Kingdom has voted unanimously to maintain the Bank Rate at 3.75% as of its meeting on March 18, 2026. This decision reflects a cautious approach by policymakers as they navigate new inflationary risks stemming from geopolitical volatility.

A directional sign pointing toward the Bank of England's headquarters in London, captured in early 2025. REUTERS/Toby Melville/File Photo
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