Will interest rates go down today? Bank of England’s key factors and 2026 predictions
The Bank of England's Monetary Policy Committee is meeting on 30 April 2026 to decide on interest rates, with the base rate currently at 3.75% after four cuts in the previous year. Geopolitical tensions from the war in Iran have disrupted earlier expectations of further rate cuts, as rising oil prices and potential inflation create uncertainty. While a hold on rates is expected in the short term, long-term forecasts suggest only a few more cuts may occur as the neutral rate is now projected to be around 3%.
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MoneyWill interest rates go down today? Bank of England’s key factors and 2026 predictionsThe Monetary Policy Committee cut rates four times last year but 2026 is far more uncertainKarl Matchett Business and Money Editor Thursday 30 April 2026 10:16 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":true,"showBookmark":true,"articleId":"CF1:2941669To1","articleMeta":{"url":"https://www.independent.co.uk/money/interest-rates-march-inflation-bank-of-england-mpc-b2967026.html","title":"Will interest rates go down today? Key factors and 2026 predictions"}}Gabriel Nussbaum on five money habits worth…
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