Key Takeaway
Policymakers keep steady course as jobs market comes under strain and Iran war pushes up energy costsBusiness live – latest updatesThe Bank of England has kept interest rates on hold despite growing concern over inflation as the Iran war pushes households into a fresh cost of living crisis. Against a volatile backdrop in global markets as the fighting in the…
Published September 17, 2026 · Category: News
Overview
Policymakers keep steady course as jobs market comes under strain and Iran war pushes up energy costs
The Bank of England has kept interest rates on hold despite growing concern over inflation as the Iran war pushes households into a fresh cost of living crisis.
Details
Against a volatile backdrop in global markets as the fighting in the Middle East intensifies, the Bank’s monetary policy committee (MPC) voted to keep its key base rate at 3.75%.
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Source
Originally published at www.theguardian.com.
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Frequently Asked Questions
What is "Bank of England holds interest rates at 3.75% despite rising inflation" about?+
Policymakers keep steady course as jobs market comes under strain and Iran war pushes up energy costsBusiness live – latest updatesThe Bank of England has kept interest rates on hold despite growing concern over inflation as the Iran war pushes households into a fresh cost of living crisis.Against a volatile backdrop in global markets as the fighting in the Middle East intensifies, the Bank’s monetary policy committee (MPC) voted to keep its key base rate at 3.75%. Continue reading...
Who reported this story?+
This story was reported by The Guardian World.