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Published 13 days ago

Bank of England holds interest rates steady despite inflation easing to 2% target

  • Inflation has dropped to the Bank's 2% target, leading to the decision to keep borrowing costs steady.
  • Maintaining the 16-year high interest rates was anticipated by economists and financial markets.
  • The Monetary Policy Committee had two members pushing for a rate cut, but the majority decided to maintain the current rates.
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The GuardianThe Guardian

Bank of England keeps interest rates on hold at 5.25%

Decision comes despite fall in rate of inflation to 2% target last month

13 days ago·London, United Kingdom
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The IndependentThe Independent

No fall in interest rates despite inflation hitting 2% target

No relief for borrowers as Bank of England base rate to remain at 5.25 per cent at least until August

13 days ago·London, United Kingdom
Read Full Article
Associated Press NewsAssociated Press News

Bank of England expected to keep main interest rate at 16-year high of 5.25% despite inflation fall

Any hopes the governing Conservative Party may have of the Bank of England cutting its main interest rate from a 16-year high of 5.25% are expected to be dashed.

13 days ago·United States
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Daily ExpressDaily Express

Bank of England interest rates decision in hours as homeowners hold their breath

The Monetary Policy Committee (MPC) will meet this afternoon to announce its highly anticipated decision on potential changes to interest rates.

13 days ago·United Kingdom
Read Full Article
abc Newsabc News

Bank of England keeps main interest rate at 16-year high of 5.25% even though inflation is now at its target of 2%

Bank of England keeps main interest rate at 16-year high of 5.25% even though inflation is now at its target of 2%

13 days ago·United States
Read Full Article
GloboGlobo

Bank of England leaves interest unchanged at 5.25%

Of the nine voting members of the BoE's monetary policy committee, seven decided to maintain rates and two to reduce interest rates to 5%

13 days ago·Brazil
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41% Left
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