Published 11 days ago

Bank of England holds rates, stresses June cut depends on coming data

Another member of the Bank of England's Monetary Policy Committee voted for lower interest rates this month, moving closer to a rate cut.
Inflation is expected to reach the 2% target soon, with a small increase afterwards, according to the Bank of England.
The MPC voted 7-2 to keep UK interest rates at 5.25%, signaling a potential rate decrease in the near future.

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BBC News

UK interest rates held at 5.25% for sixth time

The Bank of England left interest rates unchanged, meaning borrowing costs remain at a 16-year high.

11 days ago·United Kingdom

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The Guardian

Bank of England keeps interest rates on hold at 5.25%

Decision comes as policymakers want to see more evidence that price pressures are easing before cutting rates

11 days ago·London, United Kingdom

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The Independent

Bank of England holds interest rates at 5.25% despite hopes of cut

Blow for mortgage-holders hoping for drop in repayments – but governor ‘optimistic’ of moving towards cut this year

11 days ago·London, United Kingdom

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Reuters

Bank of England moves closer to first rate cut since 2020

By William Schomberg, David Milliken and Suban Abdulla

11 days ago·United Kingdom

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Daily Express

Interest rates: What Bank of England decision to hold at 5.25% means for you

The Bank of England's decision to hold interest rates at the 16-year high of 5.25 percent is good news for some, bad for others.

11 days ago·United Kingdom

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Associated Press News

Bank of England keeps interest rate at 5.25% for 6th time, seeks more proof inflation under control

The Bank of England is keeping its main U.K. interest rate at a 16-year high of 5.25% with several policymakers still worrying about some key inflation measures.

11 days ago·United States

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