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The Bank of England’s 3.75% rate hold

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    Bank of England Holds at 3.75% as 6-3 Split Reveals War Fear

    The Bank left rates at 3.75% for a fifth straight time, but three votes to hike revealed a committee braced for Iran-war inflation.

    Tazama
    • The Bank held Bank Rate at 3.75% on July 30, 2026, by a 6-3 vote.
    • It was the fifth successive hold, unchanged since December 2025.
    • The split reflected Iran-war inflation risk against faster-easing domestic pressures.
    • The names of the three policymakers who voted to hike cannot be confirmed from the provided source excerpts.
    • How much of any energy shock would pass into broader British inflation, and how fast.
    • Whether the fragile US-Iran truce holds or collapses further toward escalation.
    • Whether easing domestic pressures are enough to keep the majority for holding at the next decision.

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Watu

  • Andrew BaileyGovernor of the Bank of England
  • Catherine L. MannAmerican economist
  • Huw PillBritish economist
  • Megan GreeneAmerican economist

Maeneo

  • Bank of England
  • Iran
  • United Kingdom