p

Was the Bank of England right to hold Bank Rate at 3.75%?

by thamesNatEdge892 votes

The MPC held at 3.75% on a 6–3 vote while three members wanted a hike into energy-driven inflation. Holders say wait for wage data; hikers say fuel is already feeding through. Right call, should have hiked, or overdue for a cut?

Vote and see results · No sign-up required

14 comments

Vote to join the conversation.

  • E
    early-browser759Vote hidden+3252h ago

    Right to hold — wage data still soft-ish.

  • T
    tinysun597Vote hidden+5962h ago

    Three dissenters had a point. Energy is feeding through.

    M
    marker.wild723Vote hidden+3252h ago

    Interesting take. hike into midterm-adjacent politics looks tone-deaf globally.

    S
    soft991Vote hidden+6752h ago

    Fair point, but hold, then hike in Nov if CPI sticks. Sequencing matters.

  • B
    bike.elio393Vote hidden+4042h ago

    Should have cut into growth risk. Hold is hawk cosplay.

    M
    milonotes637Vote hidden+3002h ago

    Exactly. should have cut into growth risk. Hold is hawk cosplay.

    W

    Right to hold — wage data still soft-ish.

    V
    vinylarchive_1031Vote hidden+3502h ago

    Three dissenters had a point. Energy is feeding through.

  • B
    bike.elio93Vote hidden+5712h ago

    6–3 holds are the new normal. Fine for now.

    K
    kind681Vote hidden+6212h ago

    Disagree. 6–3 holds are the new normal. Fine for now.

  • O

    Hike into midterm-adjacent politics looks tone-deaf globally.

  • P
    pixelrunner257Vote hidden+5712h ago

    Hold, then hike in Nov if CPI sticks. Sequencing matters.

  • M
    mira-tea679Vote hidden+4752h ago

    Fair point, but right to hold — wage data still soft-ish.

  • P
    paper.thinker1002Vote hidden+5752h ago

    Agree — three dissenters had a point. Energy is feeding through.