Monetary Policy Committee

The Bank of England (BoE) maintained interest rates at 3.75%, with the Monetary Policy Committee split six to three. Key voters expressed increased confidence that underlying price pressures are receding, as the BoE awaits the impact of the Iran war.

The Bank of England warned that renewed U.S.-Iran conflict could drive energy prices higher, risking inflation and economic instability in the U.K. The central bank kept interest rates unchanged but acknowledged uncertainty over the war's impact, modeling scenarios where inflation could peak at 3.2–4.5% by 2027. MPC members were divided, with three voting for a rate hike.

The Bank of England's Monetary Policy Committee voted six-three to maintain interest rates at 3.75%. The decision balanced risks from US-Iran tensions against unexpectedly rapid easing of domestic price pressures, according to a Bloomberg report by Lizzy Burden.

The State Bank of Pakistan’s Monetary Policy Committee (MPC) maintained the policy rate at 11.5% amid inflation pressures linked to the Middle East crisis and food price surges. The central bank projects inflation will decline to within its target range by mid-2026 if geopolitical tensions ease, while aiming for $20.2bn in foreign exchange reserves by December 2026.

The Monetary Policy Committee of the South African Reserve Bank decided to maintain the interest rate unchanged, contrary to expectations from experts and the markets for an increase.

The Monetary Policy Committee (MPC) of Nigeria's Central Bank warned that election-related fiscal spending ahead of the 2027 general elections could reverse progress in reducing inflation. Excess liquidity from political spending is seen as a threat to the effectiveness of monetary policy.

The Bank of England's Monetary Policy Committee (MPC) voted 7–2 to keep the interest rate at 3.75%, with two members advocating for a 0.25 percentage point increase. The decision comes amid an inflation rate of 2.8% and ongoing volatility in energy prices.

The Bank of England's Monetary Policy Committee voted 7-2 to maintain interest rates at 3.75%, influenced by prospects of peace in the Iran war.

The Bank of England maintained its main interest rate at 3.7% as inflation eased to 2.8% in May, below initial expectations. The decision followed a U.S.-Iran deal to end their war, which reduced energy price spikes. Two Monetary Policy Committee members advocated a rate hike due to lingering inflationary pressures.

The State Bank of Pakistan's Monetary Policy Committee is unlikely to raise the policy rate in its June 15 meeting due to eased Gulf tensions and stable oil prices. The only rate hike in FY26 occurred on April 27, but analysts note improved supply chain conditions and prospects for a US-Iran deal have reduced inflationary pressures.

Monetary policymakers at the Bank of England's Monetary Policy Committee are debating corporate pricing strategies despite having minimal evidence to support their decisions.

Ghana's central bank, the Bank of Ghana, unexpectedly advanced a monetary policy committee meeting but later postponed announcing any policy decisions until its regular end-of-July meeting. The article focuses on procedural changes in the bank's policy-making process.

Megan Greene, an external member of the Bank of England's Monetary Policy Committee, discussed monetary policy on the Odd Lots podcast with co-hosts Joe Weisenthal and Tracy Alloway. The episode was recorded in London, UK on May 6, 2026. They talked about supply shocks in the context of monetary policy.

The Bank of England kept interest rates at 3.75% but warned the UK to prepare for future hikes, citing unavoidable inflation due to the Middle East conflict. The Monetary Policy Committee voted 8-1 to maintain rates, with the governor attributing the decision to regional unpredictability.