Bank of England holds rates steady amid economic concerns. Fed rate cut by September 2026 now at 5.6% YES.

Bank of England Governor Andrew Bailey signals no urgency on rate changes as the MPC holds at 3.75% and inflation overshoots remain on the table.

Bank of England holds rates steady amid economic concerns. Fed rate cut by September 2026 now at 5.6% YES.

Andrew Bailey said in Portugal that inflationary pressures following the war in the Middle East had changed the outlook for monetary policy.