Bank of England holds rates at 3.75% amid oil price uncertainty
BOE
Statements (4)
- Neutral
Bank of England Governor Andrew Bailey stated the central bank is not rushing to respond to higher oil prices.
- Neutral
Bank of England held interest rates at 3.75% due to uncertainty over high energy prices.
- Neutral
Bank of England's Taylor sees rates on hold barring worst-case scenario
- Neutral
Bank of England's Dhingra says it cannot give rate guidance due to oil price uncertainty