Banks › Bank of England › History › 30 Jul 2026
Bank of England: decision of 30 July 2026
The Bank of England's Monetary Policy Committee kept Bank Rate at 3.75% by a 6–3 vote.
Decision
hold
- Rate
- 3.75%=3.75%
- Change
- 0 bp
- Vote
- 6–3
- Announced
- 12:00 London time
Sources
- Statement
- bankofengland.co.uk/monetary-policy-summary-and-m…
- Monetary Policy Report
- bankofengland.co.uk/monetary-policy-report/2026/j…
- Recorded
- 30 Jul 2026
- Data
- JSON
What the bank said
The MPC said CPI inflation had fallen to 2.6% but was expected to rise later in the year as higher energy prices passed through.
It said there was little evidence so far of second-round effects and clear signs of underlying disinflation, while judging the risks to inflation tilted to the upside relative to the July Monetary Policy Report.
Guidance. The Committee said it stands ready to act as necessary to ensure that CPI inflation remains on track to meet the 2% target in the medium term.
Dissent
Megan Greene, Catherine L Mann and Huw Pill voted to raise Bank Rate by 0.25 percentage points, to 4%.
Before and after
- Previous decision: 18 Jun 2026, held the Bank Rate at 3.75%.
- Next decision: 17 Sept 2026, held the Bank Rate at 3.75%.
- All Bank of England decisions and the rate history