Bank of England policymakers are set to sit tight on interest rate after a unanimous rate hike decision in August.
The nine-member Monetary Policy Committee, led by Governor Mark Carney, is widely expected to keep the key rate unchanged at 0.75 percent.
The announcement is due at 7 am ET on September 13.
The interest rate was raised by a quarter-point at the August meeting as members viewed it necessary to bring inflation back to the target.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.