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So today we have voted to maintain Bank Rate at 5.25%.” ... the rising costs of debt and a sharp increase in unemployment. Key Points. The Bank of England has left interest rates unchanged at 5. ...
Despite a risk of higher wages pushing up inflation, the Bank of England is still expected to cut interest rates next month. Rates are currently at 4.75%, but traders have bet on a cut to 4.5% in ...
The Bank of England held interest rates steady at 4.75 per cent on Thursday after it was revealed that inflation in November rose to 2.6 per cent, above the central bank’s target. The move keeps ...
The Bank of England is expected to hold interest rates steady at 4.75 per cent on Thursday after it was revealed that inflation in November rose to 2.6 per cent, above the central bank’s target.
The Bank of England has voted against a further cut to interest rates, after the latest UK inflation figures remained stubbornly high.. The nine rate-setters on the Bank’s Monetary Policy ...
Policymakers at the Bank of England opted to reduce interest rates to 4.75 per cent today, down from 5 per cent. They had also been cut by 0.25 percentage points in August, which marked the first ...
Britain's central bank looks on course to hold interest rates at a 16-year high of 5.25% on Thursday as underlying inflation pressures prove persistent, depriving Prime Minister Rishi Sunak of a ...
Economists are split over whether the Bank’s policymakers will decide it is the right time to reduce rates on Thursday. Bank of England’s interest rate decision on a knife-edge, economists say ...