Posts tagged with “interest”

Bank of England Maintains Interest Rates at 5.25%

Posted on Sunday, 24 September, 2023

The Monetary Policy Committee of the Bank of England has voted narrowly, with a 5-4 split decision, to maintain the Bank Rate at its current level of 5.25%. This decision comes after a staggering 14 consecutive rate increases aimed at curbing inflation. The financial industry had been in a state…

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