Bank of England Maintains Bank Rate at 3.75% in 6-3 Split Vote

The Bank of England's Monetary Policy Committee voted 6-3 to keep the Bank Rate unchanged at 3.75% on July 30, 2026. This marks the fifth consecutive meeting the central bank has maintained rates, with the decision influenced by the ongoing Middle East crisis and its impact on inflation. While inflation has fallen, it is expected to rise later this year due to higher energy prices, though the BoE noted little evidence of material second-round effects so far.