May 9, 2024 8:34 PM
76
Bank of England Keeps Key Rate Unchanged at 5.25%, Signals Possible Cut in June
The Bank of England has today left the key rate unchanged at 5.25 per cent. The Bank of England said that its Monetary Policy Committee voted 7-2 to keep rates at a 16-year high of 5.25 per cent. The MPC has now kept rates on hold at six meetings in a row, but it hinted that a first cut since Marc...