It decided against hiking it for a 15 straight increase as inflation slowed down to 6.7%.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Why falling inflation could discourage the Bank of England from hiking interest ratesWhile markets still expect the central bank to raise its base rate to 5.5 per cent, this gives it an excuse not to
Source: i newspaper - 🏆 8. / 89 Read more »
US holds interest rates steady putting pressure on the Bank of EnglandThe US central bank is seeking to guide the US economy toward a so-called 'soft landing' by easing inflation without triggering a deep recession
Source: i newspaper - 🏆 8. / 89 Read more »