Bank of England holds rate at 3.75% for sixth straight time as inflation hits 3.1%
- —Rate held at 3.75% for the sixth straight time since December 2025
- —August inflation at 3.1%, above the 2% target and above 3% for the first time since March
- —MPC vote 6-3: three members backed a 25 bps hike to 4%
- —BoE expects inflation at 3.75% by end-2026 and above 4% in early 2027
Why it matters: The MPC split and rising inflation raise the odds of tightening, adding pressure on risk assets including crypto.
Source: Crypto Briefing