Today news
About the same in other media
Bank of England holds rates at 5.25% as MPC consensus grows
Reading now: 671
investmentweek.co.ukEight members voted to keep rates at the current level, while one opted for a 25 basis point cut. This marked a closer consensus from the last meeting in February, when six members voted to hold, two called for an increase to 5.5% and one opted to cut by 25 bps. The move was widely expected by markets and follows a similar path to the recent decisions by the European Central Bank and the Federal Reserve. However, the outlook for rate cuts may be easing as inflation fell more than expected in February at 3.4%, after stalling at 4% in December 2023 and January 2024. UK inflation beat...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
Bank of England and FCA Launch Digital Securities Sandbox Consultation for DLT Testing cryptonews.com /7 months ago
3 Major UK Banks Bet On Blockchain Property Network With $12M Backing cryptonews.com /7 months ago
Two go on trial in Switzerland over 'kleptocracy' scandal involving Saudi oil firm, Malaysian bank abcnews.go.com /7 months 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.
