{"id":132283,"title":"BoE keeps rates on hold at 3.75% after narrow 5–4 decision","publisher":"Share Talk","author":"sharetalk","published":"2026-02-05T12:28:48+00:00","modified":"2026-02-05T12:28:48+00:00","canonical_url":"https://www.share-talk.com/boe-keeps-rates-on-hold-at-3-75-after-narrow-5-4-decision/","markdown_url":"https://www.share-talk.com/boe-keeps-rates-on-hold-at-3-75-after-narrow-5-4-decision.md","json_url":"https://www.share-talk.com/boe-keeps-rates-on-hold-at-3-75-after-narrow-5-4-decision.json","category":"B2B","categories":["B2B","Blogs","Business & Support Services","Technology","Technology, Media & Telecoms"],"tags":["Bank of America","Bank of England","banking","BARC","Barclays","Benchmark","BoE","buyback","Chancellor","childcare","CME Group","consumers","Coverage","CS Venkatakrishnan","Deutsche Bank","domestic","energy bill","England","FCA","Fed","Federal Deposit Insurance Corporation","Federal Reserve","FREE","FTSE 100","FTSE 250","FTSE100","futures","Goldman Sachs","household","HSBC","HSBC Holdings","Inflation","investors","Jeremy Hunt","Legal & General","lending","Lloyds Banking Group","London","MCP","midcap index","Monetary Policy Committee","NatWest Group","Ofgem","pandemic","price cap","Prime Minister","program","Prudential","Qatar","Regulators","Rishi Sunak","SEC","Serious Fraud Office","share","Share Talk","ShareHolders","silicon valley","Silicon Valley Bank","SIVB","SVB","The Bank of England","Traders","Treasury","UK","Underground","USA","Wall Street"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/11/bank-of-england-6th-nov-25-scaled.webp?fit=1200%2C770&quality=80&ssl=1","format":"news","language":"en-GB","content":"**Oh wow indeed — that is a really close call from the Bank of England.**\n\nThe 5–4 vote shows policymakers are basically sitting on a knife-edge right now. Four members — Sarah Breeden, Swati Dhingra, Dave Ramsden and Alan Taylor — argued for an immediate cut to 3.5%, signalling they’re increasingly worried about slowing growth and rising unemployment.\n\nBut the slim majority — Andrew Bailey, Megan Greene, Clare Lombardelli, Catherine Mann and Huw Pill — chose to hold rates at 3.75%, keeping the focus on inflation risks and not wanting to ease too early.\n\nAnd yes, once again Bailey was the deciding swing vote, just as he was back in December when the committee narrowly voted to cut.\n\nThis kind of split usually tells markets one thing: a rate cut is getting closer — it’s more a question of “when”, not “if.”\n\nThe Bank of England cut borrowing costs from 4% to 3.75% before Christmas, its fourth reduction of the year."}