Bank of England to hold rate despite slowing inflation

By Agence France-Presse

Mar 22, 2024 12:02 am

Analysts predict that the BoE will keep borrowing costs at 5.25 percent, one day after official data showed UK annual inflation slowing to its lowest rate since September 2021.

In a busy week for central banks, the Federal Reserve (Fed) on Wednesday held US interest rates steady, but left open the door to three interest rate cuts before the end of the year.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Trump mass deportation may hurt US economy

US consumers seek 'Black Friday' bargains

Afghan women turn to entrepreneurship under Taliban

Australia ditches plans to fine social media firms

UPS to pay $45M charges to SEC

China willing to talk with US on trade

Singapore economy grows 3.5%, hikes outlook