Bank of England freezes in response to chill of UK economy

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The Bank of England has announced that it will maintain its Bank Rate at 3.75% in its latest policy decision on Thursday, September 17, 2026. The decision was voted on by the Bank’s policymakers, with a majority of 6-3 in favor of no change. The three members who voted for an increase proposed a 0.25 percentage point hike. This decision comes after the US Federal Reserve’s recent move to raise…

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