57
Economics3h 42m ago

The Bank of England's Monetary Policy Committee is expected to keep interest rates at 3.75 percent later this week.

Archive Window: 30 Days Left

UK

Who
Bank of England's Monetary Policy Committee (MPC), Huw Pill, Megan Greene, Clare Lombardelli, Catherine Mann, Jack Meaning, Philip Shaw, Sanjay Raja, James Moberly, President Trump
What
The Bank of England's Monetary Policy Committee is expected to keep interest rates at 3.75 percent later this week.
When
Mon, 15 Jun 2026 10:29:19 GMT · 3h 42m ago
Where
UK ·
Why
Policymakers are waiting for clearer evidence on the impact of the Iran war on UK inflation and the reopening of the Strait of Hormuz.
The Frontline Impact

How this affects you

The Bank of England's decision to potentially hold interest rates reflects uncertainty over how the Iran peace deal will affect global energy markets and UK inflation, influencing borrowing costs and economic forecasts.

Story chain

4 events in this thread
  1. Economics1h 19m ago
    Wall Street indexes rose after Washington and Tehran reached a preliminary agreement to end hostilities and reopen the Strait of Hormuz.
    Open article
  2. Economics2h 18m ago
    Sweden's central bank will keep its policy rate on hold later this week, but signal an increased chance of a hike later this year to keep a lid on price pressures sparked by the Iran war, a Reuters poll of economists showed on Monday.
    Open article
  3. Currently Reading3h 42m ago
    The Bank of England's Monetary Policy Committee is expected to keep interest rates at 3.75 percent later this week.
  4. Economics3h 42m ago
    The Bank of England's Monetary Policy Committee (MPC) is set to keep interest rates at 3.75 per cent at a decision later this week.
    Open article

Verified Sources & Citations