Bank of England meeting —
At its 17 December 2025 meeting, the Bank of England held its policy rate at 4.00%. The decision passed 5-4.
Decision
hold — 4.00% to 4.00%
Vote: 5-4
Key passages
At its meeting ending on 17 December 2025, the Monetary Policy Committee voted by a majority of 5–4 to reduce Bank Rate by 0.25 percentage points, to 3.75%. Four members voted to maintain Bank Rate at 4%.
CPI inflation has fallen since the previous meeting, to 3.2%. Although above the 2% target, it is now expected to fall back towards target more quickly in the near term.
Meeting documents
Background reading
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