UK CPI on Wednesday the key test for a Pound Sterling under pressure

The Bank of England (BoE) held the Bank Rate at 3.75% at its February 5 meeting in a narrowly split 5-to-4 vote, with four Monetary Policy Committee (MPC) members voting for an immediate 25 basis point cut, a more dovish outcome than markets anticipated.

Feb 18, 2026 0 1

UK CPI on Wednesday the key test for a Pound Sterling under pressure

The Bank of England (BoE) held the Bank Rate at 3.75% at its February 5 meeting in a narrowly split 5-to-4 vote, with four Monetary Policy Committee (MPC) members voting for an immediate 25 basis point cut, a more dovish outcome than markets anticipated.