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BOE Holds Rates, Citing 'Encouraging' Fall in Oil Price

BOE Holds Rates, Citing 'Encouraging' Fall in Oil Price
Bloomberg Markets Thursday 18 June 2026, 11:17 UTC 1 min read
Key Points

Jun 18th, 2026 BOE Holds Rates, Citing 'Encouraging' Fall in Oil Price The Bank of England held interest rates at 3.75% as it said the recent fall in oil prices was “encouraging,” even while two policymakers voted for an immediate quarter-point hike over concerns of persistent inflation. Bloomberg's Lizzy Burden reports.

Jun 18th, 2026 BOE Holds Rates, Citing 'Encouraging' Fall in Oil Price The Bank of England held interest rates at 3.75% as it said the recent fall in oil prices was “encouraging,” even while two policymakers voted for an immediate quarter-point hike over concerns of persistent inflation. Bloomberg's Lizzy Burden reports. [Image text:] LIVE London LIZZYBURDEN BREAKINGNEWS BLOOMBERG NEWS BANK OFENGLANDHOLDSKEYINTEREST RATEAT3.75%IN7-2VOTE
BOE Holds Rates (ORG) The Bank of England (ORG) Bloomberg (ORG) Lizzy (PERSON)
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