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Markets and economists have all but ruled out a June interest rate cut, meaning rates are likely to remain at 4.25% tomorrow. Inflation remains high, with the headline figure coming in at 3.4% in May.
UK interest rates have been left on hold as the Bank of England said it was keeping watch on a “highly unpredictable” world ...
The Bank of England has held interest rates at 4.25% as it continues to tread carefully amid fears of resurgent inflation.
Will interest rates be cut today? The key factors for the Bank of England and 2025 predictions - Analysts expect a split vote at the MPC’s meeting on 19 June ...
UK inflation was higher than expected in May, coming in at 3.4%, according to the Office for National Statistics (ONS). Most ...
Noting the elevated global uncertainty and persistent inflation, the Monetary Policy Committee voted 6-3 to keep rates on ...
THE Bank of England has chosen to keep interest rates unchanged, dashing the hopes of homeowners seeking relief from mounting ...
The Bank of England on Thursday kept its benchmark interest rate at 4.25%, in line with the market forecasts. The move came ...
Inflation in the U.K. dropped modestly in May as a drop in air fares and transport costs were largely offset by rising food ...
The Office for Budget Responsibility (OBR) forecasts that inflation ... for the housing market: The UK’s biggest lender says the predicted reductions to interest rates in 2025 are expected ...
Analysts at Morgan Stanley are still predicting that UK interest rates will reach 3.25 per cent by the end of the year. The US bank forecasts the Bank of England will keep cutting interest rates ...