Today news
About the same in other media
Bank of England holds interest rates at 5% after inflation stalls
Reading now: 607
investmentweek.co.ukSwati Dhingra was the only member who did not want to keep rates at 5%, voting instead for a second 25 basis point cut. This follows the first rate cut from the BoE since August, which had been an incredibly close, split decision with five to four members in favour. Additionally, the MPC unanimously voted to reduce the stock of UK government bond purchases by £100bn over the next 12 months, bringing the total to £558bn. UK inflation holds firm at 2.2% as Bank of England decision beckons Andrew Bailey, governor of the Bank of England, said: «Inflationary pressures have continued ...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years cnbc.com /1 day ago
Federal Reserve cuts interest rates by half-point; first rate reduction in four years foxbusiness.com /1 day ago
US Fed slashes interest rates by 50 bps for the first time since 2020 economictimes.indiatimes.com /1 day ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
