England — Bank Of

: In the March 2026 meeting, the Monetary Policy Committee (MPC) voted unanimously to maintain the rate at 3.75%, citing new inflationary risks from Middle East energy price surges.

: UK Consumer Prices Index (CPI) inflation rose to 3.3% in March 2026 , up from 3.0% in February, driven primarily by fuel prices. bank of england

: The base interest rate is 3.75% , held steady since December 2025. : In the March 2026 meeting, the Monetary

: The next rate decision is scheduled for Thursday, 30 April 2026 . : The next rate decision is scheduled for

: Economic growth remains subdued, with forecasts for 2026 revised down to roughly 0.5%–0.7% . Many economists view "stagflation"—low growth combined with high inflation—as a high risk for the UK.

: Analysts largely expect another "hold" at 3.75% as the Bank assesses the impact of the ongoing Iran war on fuel and utility costs. Economic Outlook and Inflation