Bank of England warns of future rate uncertainty after vote to hold at 3.75%

One vote to hike rates

Michael Nelson
clock • 5 min read
Bank of England warns of future rate uncertainty after vote to hold at 3.75%

The Bank of England’s (BoE) Monetary Policy Committee (MPC) has continued its holding pattern on interest rates, which remain unchanged at 3.75% after its meeting today (30 April).

Amid downside risks to growth and upside risks to inflation, eight MPC members opted to hold rates while just one member – Huw Pill – voted to hike rates by 25bps to 4%. Last month, Pill said th...

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