business

BOE Holds Rates, Citing 'Encouraging' Fall in Oil Price

Bloomberg Markets · Jun 18, 2026, 11:17 AM · Also reported by 4 other sources

The Bank of England held interest rates at 3.75% as it said the recent fall in oil prices was “encouraging,” even while two policymakers voted for an immediate quarter-point hike over concerns of persistent inflation. Bloomberg's Lizzy Burden reports. (Source: Bloomberg)

Read full story on Bloomberg Markets → More top stories

Also covered by

The Hill Federal Reserve holds rates steady at Warsh’s first meeting Investing.com FTSE 100 today: Stocks slide as BoE holds rates, two MPC members push for hike CNBC Bank of England holds interest rates at 3.75% amid Iran war peace prospects The Guardian Western Europeans believe crime is rising despite fall in overall rates, poll finds

Aggregated and edited by the Scoop newsroom. We surface news from Bloomberg Markets alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop

BOE Holds Rates, Citing 'Encouraging' Fall in Oil Price

Also covered by

More in business