UK · 17 April 2026
Bank of England rate decision due 30 April as inflation rises
Unsplash / Kai Pilger
The Bank of England's Monetary Policy Committee will announce its next interest rate decision on Thursday 30 April. UK inflation was 3.0% in January, above the 2% target. The Bank said inflation would stay higher than previously expected 'in the short term' due to the Iran war's impact on energy prices. Financial markets no longer expect any rate cuts in 2026.
Reported by Bank of England / House of Commons Library · How we write briefs