Bank of England Holds Bank Rate at 3.75% After a Narrow 5–4 Vote
The Bank of England (BoE) kept Bank Rate at 3.75% at its February 2026 decision, but the close 5–4 vote revealed growing debate inside the Monetary Policy Committee. The official policy summary reported that four members wanted a 25-basis-point cut to 3.5%, while the majority chose to hold. The BoE also said it expected CPI…