The Bank of England has kept interest rates at 3.75% for the fifth time in a row as policymakers weighed easing inflation against the risk of renewed price pressures from higher energy costs. The Monetary Policy Committee (MPC) voted six to three to hold Bank Rate, with three members preferring a 0.25 percentage point increase to 4%. He said markets were pricing in one or two increases, although it remained too early to know whether these would materialise while energy prices remained volatile. “In uncertain markets, helping clients maintain a disciplined, long-term investment strategy is far more valuable than trying to anticipate the next interest rate decision.” The MPC’s next scheduled interest rate decision is due on 17 September.