Bank of England leaves key interest rate unchanged

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Bank of England leaves key interest rate unchanged

Investing.com -- The Bank of England has left its key rate of interest unchanged at 5.25%, as officials mull over whether signs of easing inflation in the U.K. give them room to vote in favor of ratcheting down borrowing costs.

Undergirding this rhetoric was inflation in the U.K., which eased in March to 3.2% -- although this pace was faster than economists had initially anticipated. Year-on-year growth in the price of services also slowed.

 

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