All nine policymakers voted to hold the benchmark rate

All nine policymakers voted to hold the benchmark rate

The Bank of England left its benchmark interest rate at 3.75 percent on Thursday as it monitors the inflation outlook, pressured by rising energy prices from the Middle East war.

"War in the Middle East has pushed up global energy prices," BoE governor Andrew Bailey said, adding that "if it lasts, it will feed into higher household energy bills."

Originally published on doc.afp.com, part of the BLOX Digital Content Exchange.

Tags

Recommended for you