Trusted News Discovery Since 2008
{{/content}}
Bank of England holds key rate
Credit: IndiaTimes- Published on September 21, 2023
The Bank of England (BoE) has brought the most aggressive cycle of interest-rate rises in more than three decades to a close amid falling inflation and mounting fears of recession. The central bank held key rate at 5.25%, ending a series of 14 successive hikes since December 2021, when rates were just 0.1%
Video credit: Rumble
Published on September 21, 2023 - 01:39
Bank of England's rate hike pause in sight as inflation drops | World Business Watch
August saw an unexpected decline in Britain's high inflation rate, which dropped to 6.7%, its lowest level since February 2022. Investors have begun to speculate on whether the Bank of England will hit the pause button on its historic run of interest rate hikes.
You are here
Related videos from verified sources
Bank of England governor says ‘the job is not done’ 00:29
Credit: ODN - Published on September 21, 2023
'Premature' to be talking about interest rate cut, Bank of England governor warns 03:05
Credit: Rumble - Published on September 21, 2023