Decision comes as policymakers want to see more evidence that price pressures are easing before cutting rates
The Bank of England has held interest rates at 5.25% for the sixth time in a row, despite the recent fall in annual inflation.
Threadneedle Street’s nine-strong monetary policy committee (MPC) has said it wants to see more evidence that underlying price pressure had been doused before cutting the official cost of borrowing.
Continue reading…Decision comes as policymakers want to see more evidence that price pressures are easing before cutting ratesThe Bank of England has held interest rates at 5.25% for the sixth time in a row, despite the recent fall in annual inflation.Threadneedle Street’s nine-strong monetary policy committee (MPC) has said it wants to see more evidence that underlying price pressure had been doused before cutting the official cost of borrowing. Continue reading…
