Bank of England Expected to Hold Rates Amid Inflation Concerns, Faces Pressure from Surging Energy Prices

AI-generated NewsSnap summary based on source reporting.
Published: 2026-09-13
Category: finance
Source: London Business News

The Bank of England is widely expected to keep interest rates unchanged at 3.75% at its upcoming Monetary Policy Committee meeting on Thursday, September 17, 2026. However, economists are warning that policymakers may need to prepare for another rate increase if surging energy prices, linked to the Middle East conflict, continue to drive inflation higher. The committee remains divided, with some members having previously voted for a rate hike.

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