BoE Holds Rates at 3.75% as Inflation Pressure Mounts
The Bank of England is widely expected to maintain interest rates at 3.75% today, as the Monetary Policy Committee (MPC) navigates a delicate balance between cooling a five-month inflation high and avoiding the stifling of economic growth. The decision reflects a strategic ‘wait-and-see’ approach, with policymakers signaling that while price stability is paramount, aggressive tightening…