News in Review Wednesday 23rd September 2026

In this week’s news – Bank Rate held at 3.75% for the sixth time in a row, US interest rates rise, the Chancellor attempts to strengthen EU ties and buyers are cautious ahead of the Budget.

Key takeaways:

In its MPC summary, the Bank of England said it expects inflation to rise further in the coming months

In the US, the Federal Reserve is also working to slow inflation, resulting in the first rate increase since 2023

The Chancellor has sought entry to the EU’s ‘Made in Europe’ programme, protecting industries from unfair international competition

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News in Review Wednesday 23rd September 2026

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