Bank of England Expected to Maintain Interest Rates in April, Economists Say

The Bank of England is anticipated to keep its interest rate steady at 3.75% in April, according to a survey conducted by Reuters involving 62 economists. According to Jin10, this expectation aligns with the views of 45 out of 50 economists surveyed in March. Additionally, the survey projects that the UK's inflation rate will average 3.2% in 2026, while economic growth is expected to be 0.7%. These figures represent a slight adjustment from the March survey, which forecasted inflation at 3.1% and economic growth at 1.0%.