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

Bloomberg Markets · Jun 18, 2026, 11:17 AM · Also reported by 2 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)

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

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