Interest rates held as Bank of England says inflation set to rise

The Bank also expects the economy to grow more than previously forecast this year, although uncertainties remain because of the Iran war.

BOE's Lombardelli Says Holding Rates Was Right Thing to Do

Bank of England Deputy Governor Clare Lombardelli says her vote to hold interest rates steady at 3.75% on Thursday was not a close judgment. "I was pretty clear that holding rates at the current level was the right thing to do," she says at a press conference in London following the central bank's decision to keep rates unchanged. (Source: Bloomberg)

Warsh’s Performance Falls Flat With Markets as Fed Holds Rates Steady

Kevin M. Warsh has made taming inflation the top priority of his tenure as Federal Reserve chairman. But his hesitancy to embrace the possibility of higher borrowing costs has sparked a backlash.

By Colby Smith

Bank of England holds rates amid volatile energy prices

Majority of rate-setters are ready to respond in either direction, depending on what happens to oil and gas costs

First Thing: US government borrowing costs hit new high as US strikes resume on Iran

The Federal Reserve voted to hold its key interest rate steady, sending stocks tumbling, as US claimed to hit ‘dozens’ of Iranian targets. Plus the origins of Coca-Cola may have been found … in Italy Good morning. US government borrowing costs have hit their highest level since 2007 after the Federal Reserve voted to hold its key interest rate steady, feeding fears that the central bank may not move fast enough to tame a rise in inflation. Kevin Warsh, the Fed chair, said the bank would “not ...

By Martin Belam

Federal Reserve holds interest rates steady despite high inflation

The Federal Reserve held its benchmark interest rate steady this week. But markets are acting as if higher interest rates are coming, as the central bank tries to curb stubborn inflation.

By Scott Horsley

Bank of England holds UK interest rate steady at 3.75% — but policymakers see upside inflation risk

The Bank of England on Thursday held U.K. interest rates steady at 3.75%, in line with economists' expectations.

Bank of England holds interest rates – but rises expected in months ahead

The Bank Rate has remained at 3.75 per cent since December 2025 – but a hike is now expected this year

By Karl Matchett

Bank of England keeps interest rates on hold at 3.75 per cent

The Bank of England kept interest rates on hold as expected on Thursday, but a third policymaker backed a rate hike due to renewed conflict between the United States and Iran. The Monetary Policy Committee voted 6-3 to keep rates at 3.75 per cent rather than the 7-2 split most ​economists polled by Reuters had […]