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UK Bank Rate maintained at 4% - September 2025
The Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. The MPC adopts a medium-term and forward-looking approach to determine the monetary stance required to achieve the inflation target sustainably. At its meeting ending on 17 September 2025, the MPC voted by a majority of 7–2 to maintain Bank Rate at 4%. Two members voted to reduce Bank Rate by 0.25 percentage points, to 3.75%. The Committee voted by a majority of 7–2 to reduce the stock of UK government bond purchases held for monetary policy purposes, and financed by ... (full story)
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BoE policymakers Dhingra and Taylor voted to cut rates by 0.25%
— FinancialJuice (@financialjuice) September 18, 2025
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Bank holds base interest rate at 4%
The Bank of England has voted to maintain the base interest rate at 4%, despite some signs the housing market is slowing down. Members of the Bank’s Monetary Policy Committee (MPC) and Governor Andrew Bailey (main picture) voted 7-2 for a hold. The Office for National Statistics released figures yesterday showing a 2.8% increase in house price growth in the year to July, down from 3.6% the previous month. And this decision to hold the rate is despite a stubborn inflation figure, which remained static at 3.8% yesterday, well above the Bank’s 2% target. There will be another Bank interest rate decision on 6 ... (full story)
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