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News · 5 February 2026

Bank of England expected to hold interest rates at 3.75 percent

Bank of England expected to hold interest rates at 3.75 percent

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.

By BriefTea Editorial ·

Reported by BBC · How we write briefs

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