Bank Of England Keeps Rates Steady

LONDON (AP) — Bank of England policymakers remain split on raising interest rates, voting 7-2 at their last meeting to maintain a record low rate of 0.5 percent amid increasing pessimism about…

Topics:  london ap     bank   england   rates   
BING NEWS:
  • Interest rates alert as April's 'grim' retail sales could sway Bank of England decision
    The amount of items bought across the UK fell by 2.3 percent in April, following a fall of 0.2 percent in March, according to new figures from the Office for National Statistics (ONS).
    05/23/2024 - 7:58 pm | View Link
  • Will the Bank of England be the first to cut interest rates?
    With inflation in the UK down to 2.3 per cent now and some suggesting that the Bank of England ought to hold interest rates at 5.25 per cent until later in the year, it would seem as though the ...
    05/23/2024 - 12:17 pm | View Link
  • Haldane: Bank of England only ‘six months late’ if it starts cutting rates in June
    Speaking on LBC, Andy Haldane, the Bank's former chief economist, said "they (the Bank) should have been cutting from around January." ...
    05/23/2024 - 3:14 am | View Link
  • Influential survey offers hope Bank of England may cut interest rates in August
    High services inflation has prevented the Bank of England from cutting rates so far, but it may finally be coming down ...
    05/22/2024 - 10:58 pm | View Link
  • Bank of England will cut interest rates in August, says Goldman Sachs
    Interest rates will be cut in August, according to major investment banks, even after inflation came in higher than expected last month.
    05/22/2024 - 7:13 am | View Link
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