Sat. Nov 23rd, 2024

Bank of England Keeps Interest Rate at 5.25% in an 8-1 Vote

Bank of England Keeps Interest Rate at 5.25% in an 8-1 Vote

The Bank of England has announced it will leave the key interest rate at a 16-year high of 5.25%. The BOE decision comes after growing evidence of the labor market loosening and price pressures cooling in recent weeks. Jonathan Ferro and Lisa Abramowicz have the details on Bloomberg Television.

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