Story · United Kingdom · Published 17 Sept 2026, 12:03
Bank rate maintained at 3.75% - September 2026 Monetary Policy Summary and Minutes
The Bank of England kept Bank Rate at 3.75%, setting the latest stance of UK monetary policy.
Verified sources
Check the original evidence before reading the explanation.
30-second read
3.75%
Current Bank Rate
6–3
MPC Bank Rate vote
maintain
Policy decision
Exam link: Monetary policy → interest rates → consumption and investment → aggregate demand
Understand the storyExpand Close
The Monetary Policy Committee voted by 6–3 to maintain Bank Rate to 3.75%. The decision changes or confirms borrowing conditions across the UK economy.
What happened
The Bank of England's Monetary Policy Committee kept Bank Rate at 3.75% after a vote by 6–3. The official Monetary Policy Summary and minutes are the primary source for the decision.
Why it matters
Bank Rate influences borrowing and saving rates, mortgage costs, business investment, sterling and aggregate demand. The MPC uses monetary policy to return CPI inflation sustainably to target.
Economic context
For A-Level Economics, this is direct UK evidence for monetary policy and the interest-rate transmission mechanism. It can support analysis of inflation control, consumption, investment, exchange rates and policy trade-offs.
All key dataExpand Close
- Policy decision
- maintain
- Current Bank Rate
- 3.75%
- MPC Bank Rate vote
- 6–3
Use it in an examExpand Close
Evidence
The Bank of England kept Bank Rate at 3.75%, setting the latest stance of UK monetary policy.
Explain
Bank Rate influences borrowing and saving rates, mortgage costs, business investment, sterling and aggregate demand. The MPC uses monetary policy to return CPI inflation sustainably to target.
Evaluate
For A-Level Economics, this is direct UK evidence for monetary policy and the interest-rate transmission mechanism. It can support analysis of inflation control, consumption, investment, exchange rates and policy trade-offs.
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