Bank of England holds interest rates at 4.75%

Central bank downgrades growth prospects but also highlights risk of persistent inflation

Topics

Interest rates held but Bank says economy doing worse

The Bank considered a rate cut as it thinks the economy has performed worse than it expected.
BBC News - 10m
Bank of England warns of 'heightened uncertainty' as it keeps interest rates on hold

The U.K.’s central bank has warned about “heightened uncertainty” as it kept interest rates on hold after inflation moved further above target even at a time when the British economy is flatlining ...
ABC News - 1h
Bank of England Holds Rates as U.K. Inflation Rises Amid Economic Uncertainty

Stubborn inflation, tax rises and high interest rates make it difficult for many to muster optimism, at least in the short term.
The New York Times - 1h
Bank of England holds rates but vote split surprises markets

Economists widely expected a rate hold at the December meeting, as policymakers remain concerned with stubborn services inflation and wage growth.
CNBC - 1h
Bank of England holds interest rate at 4.75% but warns of UK stagnation risk

Central bank downgrades growth forecast amid threat from budget fallout, rising inflation and Trump trade tariffs. • Business live – latest updates . The Bank of England has kept UK interest ...
The Guardian - 2h
Bank of Japan holds rates at 0.25%, yen weakens to over four-month low

The decision comes a day after the U.S. Federal Reserve cut rates by 25 basis points, bringing the federal funds rate to 4.25%-4.5%.
CNBC - 7h
UK inflation increase solidifies expectations interest rates will be kept on hold

Inflation in the U.K. has risen to its highest level since March
ABC News - 1d
Bank of Japan expected to keep rates on hold this week — CNBC survey

The central bank is expected to keep interest rates on hold this week, awaiting clarity on domestic trends and U.S. policy under Trump, a CNBC survey finds.
CNBC - 3d
India's central bank revises down economic growth forecast for 2025, keeps interest rate steady

The Reserve Bank of India has held interest rate steady since February last year, while a sharper-than-anticipated slowdown in India's growth has made RBI's task tougher.
CNBC - Dec. 6