Breaking: BoE keep rates unchanged; Vote split 7-2

As was almost unanimously expected the Bank of England have decided to keep the base rate unchanged at 0.75% for the 17th consecutive month. Ratesetters voted 7-2 in favour of no change in rates with Haskel and Saunders once more the two dissenters. As far as the extent to which political uncertainty has been alleviated the Bank said that there is no evidence yet to support this and overall their statement is fairly neutral. The initial reaction has seen the pound move higher with the GBP/USD moving back above the $1.31 handle and looking to recover from its lowest level in a fortnight.

The pound has spiked higher in response with the market bouncing strongly from the 1.3050 level. Source: xStation

17 September 2026, 1:57 PM

Indices rebound as oil slides to $102 📉 Low jobless claims reading supports US dollar

17 September 2026, 12:15 PM

BoE keeps rates unchanged and issues a dovish statement, thereby weakening the GBP⬇️

17 September 2026, 11:25 AM

🇬🇧 Will the pound recover after the BoE?

17 September 2026, 9:01 AM

Economic calendar: Final Eurozone CPI data and U.S. jobless claims

Forex

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