Drooid Logo
Back to today’s briefing

Story perspectives

BoE Holds Rate at 3.75% as Inflation Rises

By Drooid · · How we work

12 2 Full Breakdown

1 of 1

Story summary
  • Deputy Governor Clare Lombardelli voted six-to-three to keep the Bank of England rate at 3.75%.
  • Lombardelli warned a rate rise is likely if energy prices remain high.
  • The Bank projects inflation at about 3.7% in Q4 2026 and 4.2% in Q1 2027.
  • UK consumer price inflation rose to 3.1% last month, the highest in five months.