Interest rates expected to be held by Bank of England (opens original article in a new tab)

The Bank of England is expected to keep interest rates at 3.75% for the fourth consecutive meeting as UK inflation remains at 2.8% and analysts anticipate no further rate hikes for the rest of the year.

• Interest rates are expected to be held at 3.75% by the Bank of England for a fourth consecutive meeting
• UK inflation remained at 2.8% in the year to May, with food price rises slowing to a 17-month low
• Analysts predict no further rate increases for the rest of the year but note uncertainty due to potential inflation pressures from energy prices
• Mortgage rates have risen since the start of the Iran war, with two-year fixed rates at 5.60% as of 17 June
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