Topic

Bank of England holds, warns

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The Bank of England held its Bank Rate at 3.75% and warned further increases were likely if inflation persisted, with three policymakers voting for a rise.

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Bank of England Holds Rates Steady but Warns of Inflation Pressures www.nytimes.com/2026/09/17/b...
Bank of England Holds Rates Steady but Warns of Inflation Pressures
The decision was announced a day after data showed the fastest pace of price increases in months.
www.nytimes.com
September 17, 2026 at 4:37 PM
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The Bank of England is the exception this time around:
In a 6–3 vote by its Monetary Policy Committee, the Bank held interest rates steady at 3.75%.
With the Bank of Japan expected to hike tomorrow, and both the ...

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September 17, 2026 at 11:14 AM

Reposted by Simon Wren‐Lewis

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1/ The Bank of England held rates today, as expected.
But the bigger story is buried.

QT (QE’s scarier evil twin) has been fundamentally rewritten. I’ve read the minutes so you don’t have to.

Strap in for a dive into these key changes and what they could mean: www.bbc.co.uk/news/live/c6...
Bank of England holds interest rates at 3.75%, but governor says high energy costs may lead to increase
Six members of the Monetary Policy Committee, which makes the decision, voted to hold the rate - while the other three wanted an increase to 4%.
www.bbc.co.uk
September 17, 2026 at 1:50 PM
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‘I am the house now’
Bank of England says rates likely to rise as it overhauls gilt sales
BoE holds rates at 3.75% but signals higher borrowing costs are likely
www.ft.com
September 17, 2026 at 2:09 PM
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It may seem confusing, but that's exactly what it is. There are different names for it but, roughly, it's the interest rate they think is consistent with hitting a 2% inflation target in the long run.
September 17, 2026 at 12:30 PM
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"The Fed is fighting a real problem. Inflation is too high. These higher interest rates are costly medicine." My take on the rate hike this morning with @npr.org's Morning Edition: what the Fed is trying to do, what it can't do, and who pays along the way. www.npr.org/2026/09/17/n...
September 17, 2026 at 12:52 PM
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Exchange rate pass-through is lower in countries that combine flexible exchange rate regimes with credible inflation targets. doi.org/10.1016/j.jimonfin....
September 17, 2026 at 12:00 PM
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EU-19 headline inflation running at 3.18% y/y in Aug 2026, up 0.29 p.p. from last month. Energy price inflation at 13.3%. ECB inflation target is 2%. #HICP #inflation #econsky
September 17, 2026 at 1:19 PM
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#econsky #sarcasm
The good news is that since this inflation isn't driven by consumer demand or investment demand, interest rate hikes won't have much impact, except on employment.
September 17, 2026 at 2:58 PM

Reposted by David Darmofal

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Trump: The Fed is only raising rates for political reasons. It's a raise against Trump
September 16, 2026 at 11:19 PM
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Fed Raises Interest Rates www.nytimes.com/2026/09/16/b...
Fed Raises Interest Rates
www.nytimes.com
September 17, 2026 at 11:02 AM
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