Bank of England holds at 5.25% and predicts higher rates into 2027

Rates projected above 3% in 2027

Cristian Angeloni
clock • 1 min read

The Bank of England’s Monetary Policy Committee has again held interest rates at 5.25%.

Today (1 February), six members voted to hold rates at their current level, while two members wanted to increase the Bank rate by 0.25 percentage points to 5.5% and one opted to reduce it by 25bps to 5%. This is the fourth consecutive time the MPC decided to hold rates since September 2023. Federal Reserve holds rates steady as Jerome Powell dampens March cut hopes The committee's decision was in line with the Federal Reserve and European Central Bank, which also decided to hold interest rates at their respective meetings in January. Continuing the pause of the hiking cycle foll...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on UK

Poppy Gustafsson: UK capital markets need to close gap between 'perception and reality'
UK

Poppy Gustafsson: UK capital markets need to close gap between 'perception and reality'

IA annual conference

Sorin Dojan
clock 26 June 2025 • 2 min read
Trust in ONS data 'very low' as financial services turn to alternative sources
UK

Trust in ONS data 'very low' as financial services turn to alternative sources

Follows latest inflation blunder

Sorin Dojan
clock 23 June 2025 • 5 min read
Bank of England leaves interest rates unchanged
UK

Bank of England leaves interest rates unchanged

Next MPC meeting in August

Sorin Dojan
clock 19 June 2025 • 1 min read
Trustpilot