
BoE Holds 3.75% Rate as Energy Costs Keep Inflation in Focus
The Bank of England’s Monetary Policy Committee kept the base rate at 3.75% for the fourth straight meeting, voting 7-2 to hold while energy-price shocks and volatile oil prices keep inflation risks alive; inflation expectations for year-end have eased but remain above the 2% target, and future policy will hinge on how energy costs feed through to prices and wages.


