FTSE 100 Falls Over 1% After BoE Holds Key Interest Rate

London's FTSE 100 index dropped over 1% on June 18, 2026, reacting to the Bank of England's decision to maintain its main interest rate. The central bank's Monetary Policy Committee concluded its meeting by holding rates steady, impacting investor sentiment across the UK market. The market's decline suggests a cautious response from investors following the Bank of England's latest policy announcement. This decision comes as financial analysts continue to monitor economic indicators, including inflation and growth prospects, which influence central bank actions.