Bank of England reveals latest interest rates decision
6 Articles
6 Articles
The British central bank leaves its interest rate at 3.75 percent despite the recent rise in inflation. However, three of the central bankers voted in favour of an increase.
The Bank of England (BoE) announced its decision on policy interest rates following its September meeting. The bank stated that it kept interest rates unchanged.
The British central bank, the Bank of England, is leaving its key interest rate unchanged at 3.75 percent. The decision was made by a divided board, with six out of nine votes in favor of unchanged rates. And it is in line with the average forecast among analysts, according to Bloomberg. The Bank of England's decision comes after the US Federal Reserve (Fed) on Wednesday - for the first time since 2023 - raised its key interest rate by 0.25 perc…
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