Watch BOE Rates Decision: MPC Holds, Citing 'Encouraging' Fall in Oil Price - Bloomberg
2026-06-18·via Bloomberg Markets
Jun 18th, 2026
BOE Holds Rates, Citing 'Encouraging' Fall in Oil Price
The Bank of England held interest rates at 3.75% as it said the recent fall in oil prices was “encouraging,” even while two policymakers voted for an immediate quarter-point hike over concerns of persistent inflation. Bloomberg's Lizzy Burden reports.