Bank of England meeting —
At its 18 June 2025 meeting, the Bank of England held its policy rate at 4.25%. The decision passed 6-3.
Decision
hold — 4.25% to 4.25%
Vote: 6-3
Key passages
At its meeting ending on 18 June 2025, the MPC voted by a majority of 6–3 to maintain Bank Rate at 4.25%. Three members preferred to reduce Bank Rate by 0.25 percentage points, to 4%.
Given the outlook, and continued disinflation, a gradual and careful approach to the further withdrawal of monetary policy restraint remains appropriate. Monetary policy is not on a pre-set path.
Meeting documents
Background reading
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