Bank of England holds rates steady at 3.75% in knife-edge vote

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Why This Matters

The Bank of England has decided to keep interest rates at 3.75%, awaiting stronger evidence that inflation will meet its 2% target. This decision suggests a cautious approach to monetary policy, indicating that the central bank is not yet convinced of a clear inflation trend. The outcome was a knife-edge vote, highlighting the uncertainty surrounding the decision.

Market Impact

Market impact analysis based on neutral sentiment with 80% confidence.

Sentiment
Neutral
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Central bank awaits stronger evidence that inflation is on track to fall to 2 per cent target

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Full article on Financial Times
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Original article published by Financial Times on February 5, 2026.
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