Bank of England leaves interest rates on hold at 3.75%
The Guardian World ·
The Bank of England has left interest rates unchanged at 3.75% but warned that the UK should brace for hikes later this year, as “higher inflation is unavoidable” as a result of the war in the Middle …
The Bank of England has left interest rates unchanged at 3.75% but warned that the UK should brace for hikes later this year, as “higher inflation is unavoidable” as a result of the war in the Middle East. The Bank’s rate-setting monetary policy committee (MPC) voted to leave borrowing costs on hold on Thursday, with its nine-member committee split 8-1 in their decision. …
Original source: The Guardian World