Bank of England leaves interest rate unchanged and slows quantitative tightening
The Bank of England has announced it is scaling back the rate at which it is selling bonds into the financial market as part of its quantitative tightening programme.
Inflation eased to an annual rate of 3.4% in May, according to official figures released this morning, but the Bank of England is still widely expected to leave interest rates on hold.
The Bank of England's decision to hold interest rates was short on action but strong on signals that a rate cut this spring is now more likely than not.
The Bank of England has held interest rates at 3.75% but signalled that further cuts are now "likely" later in the year as inflation falls back to the Bank's 2% target faster than expected....
05-02-2026, 12:04 PM
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