Monetary PolicyNews
Bank of England Holds Rate at 3.75% as Three Policymakers Push for a Hike
- ▸The Bank of England's Monetary Policy Committee voted 6-3 on July 30, 2026, to hold Bank Rate at 3.75% for a fifth consecutive meeting.
- ▸Three members — Megan Greene, Huw Pill, and Catherine Mann — voted for an immediate quarter-point increase to 4%, citing upside inflation risk.
- ▸The Bank's own projections show CPI inflation, which eased to 2.6% in June, climbing back toward roughly 3.2% by the fourth quarter of 2026 as higher energy costs pass through.
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EconoLens Editorial Team
Economics Journalism, Global Macro Research
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Primary Sources
Bank of EnglandMonetary Policy Summary and minutes of the Monetary Policy Committee meeting – July 20262026-07-30
Cite This Article
EconoLens Editorial Team. (2026, August 4). Bank of England Holds Rate at 3.75% as Three Policymakers Push for a Hike. EconoLens. https://econolens.co.in/news/bank-of-england-holds-rate-375-july-2026
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EconoLens Editorial Team
Economics Journalism, Global Macro Research
The EconoLens editorial team covers global macroeconomics, monetary policy, fiscal policy, and international trade. All content is AI-assisted and fact-checked.
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