UK central bank faces criticism for keeping Bank Rate at 5.25% after a shock rate cut in Switzerland and a hike in Turkey today
- Full story: Bank of England keeps interest rates on hold at 5.25%
- The Guardian view: it’s time to start cutting rates
The Swiss franc has tumbled against the US dollar following Switzerland’s surprise interest rate cut:
Here’s more early reaction:
Continue reading…UK central bank faces criticism for keeping Bank Rate at 5.25% after a shock rate cut in Switzerland and a hike in Turkey todayFull story: Bank of England keeps interest rates on hold at 5.25%The Guardian view: it’s time to start cutting ratesThe Swiss franc has tumbled against the US dollar following Switzerland’s surprise interest rate cut:Here’s more early reaction: Continue reading…