Bank of England keeps interest rates on hold at 5.25%
- The UK economy is expected to cool off, leading to pressure on the Bank of England to reduce interest rates sooner.
- A quarter percentage point interest rate cut is recommended by experts to signal optimism and reach a target base rate of 3-3.5%.
- Mortgage approvals and inflation figures in February will be key indicators of the UK economy's performance moving forward.
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Leaning Left15Leaning Right8Center22Last Updated2 months agoBias Distribution49% Center
Bias Distribution
- 49% of the sources are Center
49% Center
L 33%
C 49%
R 18%
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