Bank of England votes unanimously to leave rates unchanged at 3.75%

Widely anticipated by market

Linus Uhlig
clock • 5 min read
Bank of England votes unanimously to leave rates unchanged at 3.75%

The Bank of England’s (BoE) Monetary Policy Committee (MPC) has opted to hold interest rates at 3.75% amid inflationary concerns caused by increased geopolitical uncertainty.

In the decision today (19 March), MPC members voted unanimously in favour of a hold.  Schroders head of global economics David Rees said: "The bank shelved its planned rate cut at today's meetin...

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