News · 5 February 2026
Bank of England expected to hold interest rates at 3.75 percent
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The Bank of England is widely expected to keep interest rates on hold at 3.75% during its first meeting of 2026. Following a cut from 4% in December 2025, policymakers face persistent inflation of 3.4%, remaining above the 2% target. While analysts forecast one or two rate cuts later this year, the Monetary Policy Committee remains cautious amid weak economic growth. The official decision arrives Thursday at 12:00 GMT.
Reported by BBC · How we write briefs