UK rates expected to stay on hold
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The Bank of England is expected to keep interest rates at 5.25%, but another rise remains a possibility.
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LONDON : The Bank of England announced it was leaving interest rates unchanged at 4.75 percent for a second successive month, amid signs that Britain&#39;s red-hot housing market is cooling slightly.
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The Bank of England is expected to leave interest rates unchanged after the latest meeting of its Monetary Policy Committee.
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The Bank of England leaves rates on hold at 4.75%, though analysts predict an increase later this year.
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The pound held firm against the dollar and euro on Friday after a robust wages survey indicated that the Bank of England will continue to trim interest rates as it tries to keep a grip on inflationary pressures in the British economy.
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The Bank of England appears set to hold interest rates steady for at least the next few months after revealing policymakers did not even discuss raising borrowing costs at their November meeting.
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The pound stayed steady on Tuesday, though slightly down against the dollar, with no change to market expectations that the Bank of England will keep its key repo rate unchanged at a six-year high of 5.50 percent on Thursday.
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British interest rates stayed at 4.75  percent for the fourth month running on Thursday, but  economists are split over whether the Bank of England will  raise borrowing costs again next year.
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The pound and the euro were stable Tuesday ahead of rate decisions by the European Central Bank and Bank of England on Thursday.
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THE Bank of England&#39;s monetary policy committee kept Britain&#39;s 11m homebuyers, businesses and the City happy today when it left interest rates on hold at 4.75% for the second month in a row.
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Analysts expect the European Central Bank to keep interest rates on hold as jitters continue to affect world markets.
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The Bank of England leaves interest rates on hold at 4.75% for a sixth month in a row amid mixed signals from the economy.
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UK interest rates are expected to remain at 5.75% following the Bank of England's latest meeting.
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The Bank of England is set to keep interest rates on hold following the latest meeting of the its Monetary Policy Committee.
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The Bank of England keeps UK rates on hold for the second month in row after fears of cooling house prices.
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The Bank of England has chosen to keep interest rates unchanged at 5.25 percent, deciding against another increase following January's surprise hike.
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UK interest rates are expected to go up  later this week as the Bank of England moves to combat inflation.