Bank of England mirrors Federal Reserve and holds interest rates

Interest rates held at 5.25% for sixth time in a row

Eve Maddock-Jones
clock • 3 min read
Monetary Policy Committee: Back row (L-R): Huw Pill, Swati Dhingra, Dave Ramsden, Catherine Mann, Jonathan Haskel Front row (L-R): Ben Broadbent, Megan Greene, Andrew Bailey, Sarah Breeden || Credit: Bank of England
Image:

Monetary Policy Committee: Back row (L-R): Huw Pill, Swati Dhingra, Dave Ramsden, Catherine Mann, Jonathan Haskel Front row (L-R): Ben Broadbent, Megan Greene, Andrew Bailey, Sarah Breeden || Credit: Bank of England

The Bank of England (BoE) has opted to hold interest rates for a sixth time in a row, coming in line with expectations.

But the decision was not unanimous, with the nine members of the Monetary Policy Committee split. Seven voted to hold rates and two voting to cut to by 0.25 percentage points to 5%. Governor ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

ACA launches student pensions essay competition

ACA launches student pensions essay competition

Prize competition looks for innovative ideas on the future of pensions and long-term saving

Professional Pensions
clock 30 March 2026 • 1 min read
News Digest: UK gilt selloff triggers limited pension cash calls, advisers say

News Digest: UK gilt selloff triggers limited pension cash calls, advisers say

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 30 March 2026 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Commons overturns salary sacrifice protections, TPR guidance on Virgin Media judgment, LifeSight to launch retirement CDC solution

Professional Pensions
clock 27 March 2026 • 1 min read
Trustpilot