Bank of England expected to keep main interest rate at 16-year high of 5.25% despite inflation fall
Services inflation and wage growth both remain significantly above the level desired by monetary policymakets.
6 across the spectrum · tap a section to jump
The story so far
2 developments- Jun 19, 2024Bank of England set to hold interest rates despite inflation hitting 2% target
- Jun 20, 2024Bank of England keeps main interest rate at 16-year high of 5.25% despite inflation fall
Who covered each development
No new developments
Quiet for 831 daysLast development · Jun 20, 2024 — Bank of England keeps main interest rate at 16-year high of 5.25% despite inflation fall
Terms in this story
Left
2 viewpointsBank of England keeps main interest rate at 16-year high of 5.25% despite inflation fall
Bank of England expected to keep main interest rate at 16-year high of 5.25% despite inflation fall
Center
4 viewpointsBank of England expected to keep main interest rate at 16-year high of 5.25% despite inflation fall
Interest Rates & Inflation: Prices Rising At Bank Target Of 2% But Little Hope Of Rate Cut
Right
0 viewpointsSame wire story as other lanes. No original Right take here.
Bank of England keeps main interest rate at 16-year high of 5.25% despite inflation fall