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Bank of England to keep rates on hold

Interest rates held at 4.25% but Bank of England hints at future cuts

Governor Andrew Bailey says "interest rates remain on a gradual downward path" but cautions "the world is highly unpredictable".

Reuters on MSN · 20h

Bank of England Keeps Rates Steady, Sees Further Loosening as Jobs Market Weakens

Noting the elevated global uncertainty and persistent inflation, the Monetary Policy Committee voted 6-3 to keep rates on hold, with Deputy Governor Dave Ramsden joining Swati Dhingra and Alan Taylor to vote for a quarter-point reduction.

Bank of England keeps interest rates unchanged leaving home-buyers to wait for loan cuts

HOME-buyers were made to wait for loan cuts as Bank chiefs held steady on interest rates. Borrowing costs were kept at 4.25 per cent yesterday as oil prices rise because of the Israel-Iran

16h

June BoE: The Bank of England Pauses To Digest Weakening Growth And Employment Data

The Bank of England paused rate cuts at 4.25%, reflecting caution amid weakening UK growth and labor market data. Check out ...

18hon MSN

Bank of England Mirrors Fed and Stands Pat

Central banks are facing a new challenge as tensions between Israel and Iran threaten to push energy prices and inflation ...

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