Bank of England holds rate as inflation stays high
LONDON, United Kingdom — The Bank of England kept its key interest rate at 4 percent on Thursday, as elevated UK inflation offsets the country’s stagnant economic growth.
The decision, widely expected by markets, followed a regular policy meeting and came one day after the US Federal Reserve cut its benchmark borrowing costs for the first time in months.
https://business.inquirer.net/547833/bank-of-england-holds-rate-as-inflation-stays-high
You may also like
Leave a Reply