Bank of England to Hold Key Rate at 3.75% on Thursday, Amid Hawkish Split Among Rate Setters

According to Jin10, the Bank of England will hold its interest rate decision on Thursday, June 15. The rate-setting committee is widely expected to keep the key rate at 3.75% unchanged, though at least two rate setters, including the bank's chief economist Peel and monetary policy committee member Green, have signaled support for immediate rate hikes. Policymaker Mann suggested potential rate increases could be considered if the energy crisis worsens.
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