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Bank of England holds main UK interest rate at 4% with inflation above target

  • The Bank of England has decided to keep the main interest rate at 4% as inflation concerns persist, according to the MPC's latest meeting results.
  • A majority of 7-2 voted to maintain the rate, with two members favoring a reduction to 3.75%.
  • Inflation remains high, with the ONS reporting a consumer price inflation of 3.8% in August, well above the 2% target.
  • Analysts predict that interest rates will remain steady for at least six months, with potential future cuts as inflation is expected to fluctuate.
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Watauga DemocratWatauga Democrat
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Bank of England holds rate as inflation stays high

The Bank of England kept its key interest rate at four percent Thursday, as elevated UK inflation offsets the country's stagnant economic growth.

·Calhoun, United States
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Manchester Evening News broke the news in Manchester, United Kingdom on Wednesday, September 17, 2025.
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