Inflation, Covid plague Bank of England

By Agence France-Presse

Jun 25, 2021 12:44 am

LONDON: The Bank of England is forecast to keep record low interest rates on Thursday - the latest major central bank to weigh fears of spiking inflation against the need to nurture economic recovery from Covid.

The British central bank will announce the outcome of its meeting at 1100 GMT when it is predicted to keep rates at 0.1 percent and maintain bond-buying stimulus.

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