# VIEW Bank of England leaves rates on hold, sterling falls | Reuters

> The Bank of England held its benchmark rate at 3.75%, judging it premature to hike given inflation uncertainty. Sterling fell after the decision as markets weighed the BoE's more cautious stance against hawkish peers.

- Date: 2026-06-18 · published 2026-06-18T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/19057-view-bank-of-england-leaves-rates-on-hold-sterling-falls-reuters
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A BoE hold while the Fed and ECB lean toward hikes widens the rate gap in the dollar's favour, which tends to weaken sterling and firm the dollar. A stronger dollar makes US-priced feed ingredients more expensive for non-dollar buyers.

## Read by commodity

- DXY: bullish ▲
- GBPUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-11-25 | [Asian stocks fall on dollar strength, Bank of Korea hikes rates \| Reuters](https://feedsoft.ai/events/44286-asian-stocks-fall-on-dollar-strength-bank-of-korea-hikes-rates-reuters.md) | -0.2% | -0.6% |
| DXY | 2024-07-31 | [Strong July Pound Sterling Buying Stalls as Traders Focus on Bank of England \| Currency News UK](https://feedsoft.ai/events/29547-strong-july-pound-sterling-buying-stalls-as-traders-focus-on-bank-of-england.md) | -0.5% | -1.9% |
| DXY | 2020-09-17 | [Sterling slips after dollar rebound; focus on Bank of England \| Financial Post](https://feedsoft.ai/events/51374-sterling-slips-after-dollar-rebound-focus-on-bank-of-england-financial-post.md) | +1.6% | +0.6% |
| DXY | 2023-09-21 | [Reactions: Bank of England bashes pound after halting rate rises](https://feedsoft.ai/events/34354-reactions-bank-of-england-bashes-pound-after-halting-rate-rises.md) | +1.7% | +2.3% |
| DXY | 2022-09-26 | [Bank of England (BOE) Won’t Hesitate to Change Rates After Pound (GBP USD) Falls - Bloomberg](https://feedsoft.ai/events/39834-bank-of-england-boe-won-t-hesitate-to-change-rates-after-pound-gbp-usd-falls.md) | +0.2% | +0.6% |

## Sources

- reuters.com: https://www.reuters.com/world/uk/view-bank-england-leaves-rates-hold-2026-06-18/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.