Bank of England holds rates at 3.75% as inflation risks persist
The Bank of England left its benchmark interest rate unchanged at 3.75% in June, maintaining its cautious stance amid ongoing uncertainty surrounding inflationary pressures linked to recent geopolitical developments. The central bank’s Monetary Policy Committee voted 7-2 in favour of keeping rates on hold. External MPC member Megan Greene and Chief Economist Huw Pill dissented,
