LONDON (AP) — Bank of England policymakers remain divided on whether to raise interest rates, voting 7-2 at their last meeting in favor of keeping the main rate at a record low 0.5 percent. Minutes from the Sept. 3-4 meeting show Wednesday that policymakers retained the status quo even as Europe's third-largest economy recovers at a brisk pace.
Bank Of England Remains Split On Rates
Business Heds Index, Seattle Post-Intelligencer: Business
Wed, 09/17/2014 - 2:25am
BING NEWS:
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The Bank of England also predicts that the UK economy returned to growth in the first quarter of this year, after shrinking in the third and fourth quarters of 2023. The MPC says: Following modest ...
05/9/2024 - 6:12 am | View Link - Bank of England clears path for its first rate cut since 2020
The Bank of England paved the way on Thursday for the start of interest rate cuts as soon as next month and Governor Andrew Bailey said there could be more reductions than investors expect.
05/9/2024 - 3:53 am | View Link - Bank of England holds interest rates at 16-year high
Interest rates have been frozen at 5.25% for the sixth consecutive monetary policy meeting. Here is what it means for your money.
05/9/2024 - 1:20 am | View Link - Bank of England holds steady, keeping the UK interest rate at 5.25%: the industry reacts
In the meantime, finance experts have been sharing their reaction to today's Bank of England interest rate news: ...
05/9/2024 - 12:46 am | View Link - Bank of England holds rate at 16-year high, signals looming cut
The Bank of England on Thursday kept its main interest rate at a 16-year high, but hinted at a cut over the summer as UK inflation cools further and the ...
05/9/2024 - 12:46 am | View Link - More
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