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2026-09-17 19:06:10
[Bank of England Does Not Follow Fed Rate Hike, Reserves Possibility for Future Action] ⑴ The Bank of England kept its key interest rate unchanged on Thursday, holding steady despite rate hikes by the Federal Reserve and the European Central Bank, but leaving open the possibility of future rate increases as energy prices continue to push up inflation. ⑵ The Bank of England maintained its policy rate at 3.75%. ⑶ Although energy prices have pushed up inflation, most policymakers believe that there are so far few signs that higher energy costs are being passed on to everyday prices. ⑷ Recent increases in bond yields have further dampened economic activity.
