Bank of England maintains key interest rate at 3.75%

The Bank of England's Monetary Policy Committee voted 6-3 to keep the Bank Rate at 3.75%. This decision comes despite UK inflation easing to 2.6%, as the central bank projects a rise to 3.2% in autumn due to Middle East conflict-driven energy price volatility. Future rate adjustments will depend on the conflict's economic impact, signaling ongoing caution regarding inflationary pressures.