Business | Business News The Bank of England signalled that Britons should not expect interest rates to come down soon, after they were held for the third time in a row. On Thursday, the Bank’s Monetary Policy Committee (MPC) voted in favour of keeping the rate steady at 5.25%, which is a 15-year high. Governor Andrew Bailey said after the decision that there is “still some way to go” in policymakers’ efforts to get inflation down. The central bank also said monetary policy is likely to remain “restrictive for an extended period of time”, contrasting with the message from the US central bank on Wednesday that it is hoping to cut…
Bank of England holds interest rates at 15-year high of 5.25%
Technical buy / Sell Rating
Sentiments
Educational Videos
Live Forex Trading
What is Forex?
Types of Currency
Base and Quote Currency