Bank of England holds rates at 3.75% in split 7-2 vote
What's new: The bank cut its peak inflation forecast to 3.25% as oil fell below $80 a barrel after the US-Iran truce.
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#Megan Greene
Bank of England holds rate at 3.75% in 7-2 vote as inflation lingers
What's new: Two policymakers backed a hike to 4%, even as the bank cut its peak inflation forecast to 3.25% for late 2026.
Bloomberg, CNBC