Country: GB | Published: 2026-09-18
UK markets stayed in a holding pattern as the Bank of England kept its main rate unchanged while signaling readiness to raise if inflation stays stubborn, and the decision to pause
UK markets stayed in a holding pattern as the Bank of England kept its main rate unchanged while signaling readiness to raise if inflation stays stubborn, and the decision to pause gilt sales sparked a bond rally. London shares climbed modestly, helped by a supportive tone from the US Federal Reserve's own rate move. The tension between sticky price pressures and soft growth remains the central question shaping expectations for the Bank's next step.