Monetary Policy Committee

Company

Last mentioned: Mar 19, 2026

Timeline

  1. Rate Decision

    BoE holds rates at 3.75%, citing 'inflationary jolts' from the war.

  2. Iran Conflict Begins

    Outbreak of war in Iran triggers a sharp spike in energy and commodity prices.

  3. Geopolitical Tension

    Tensions in the Middle East escalate, impacting global oil futures.

  4. Dovish Pivot

    BoE signals potential for rate cuts in early 2026 as inflation cools.

Stories mentioning Monetary Policy Committee 1

economy Neutral

BoE Holds Rates at 3.75% as Iran Conflict Sparks Inflation Fears

The Bank of England maintained its benchmark interest rate at 3.75% in a unanimous decision, citing heightened inflation risks from the escalating conflict in Iran. Policymakers have pivoted to a 'watchful' stance as surging energy costs threaten to derail the UK's path toward its 2% inflation target.

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