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Bank of England holds main UK interest rate at 4% with inflation above target
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The Nashville Ledger
39 | Friday, September 19, 2025Bank of England holds main UK interest rate at 4% with inflation above target Print | Front Page | Email this story To:From:Message:From (email):Message:LONDON (AP) — The Bank of England held its main interest rate at 4% on Thursday as U.K. inflation concerns weigh on policymakers.
The minutes of the meeting showed that the majority were concerned about the path for inflation, which remains stubbornly high.
Figures on Wednesday showed inflation held steady at 3.8% in the year to August, double the bank's 2% target.
It last reduced interest rates in August.
The bank has been cutting interest rates at a gradual pace following the unwinding of the previous spike in inflation in the wake of Russia's invasion of Ukraine.
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