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BOE's Lombardelli Says Holding Rates Was Right Thing to Do

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Jul 30th, 2026 BOE's Lombardelli Says Holding Rates Was Right Thing to Do Bank of England Deputy Governor Clare Lombardelli says her vote to hold interest rates steady at 3.75% on Thursday was not a close judgment. "I was pretty clear that holding rates at the current level was the right thing to do," she says at a press conference in London following the central bank's decision to keep rates unchanged.

Jul 30th, 2026 BOE's Lombardelli Says Holding Rates Was Right Thing to Do Bank of England Deputy Governor Clare Lombardelli says her vote to hold interest rates steady at 3.75% on Thursday was not a close judgment. "I was pretty clear that holding rates at the current level was the right thing to do," she says at a press conference in London following the central bank's decision to keep rates unchanged.
BOE (LOCATION) Lombardelli (ORG) Bank of England (ORG) Clare Lombardelli (PERSON) London (LOCATION)
Originally published by Bloomberg Markets Read original →