BoE made unanimous rate hold decision
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The Bank of England&#39;s rate-setting Monetary Policy Committee voted unanimously to leave its key base rate unchanged at 4.75pc at its last meeting on Oct 7, the central bank said today.
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The Bank of England held its key interest rate at 4.75 percent, opting against a further rise after last month's surprise quarter-point increase, the central bank announced.
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The Bank of England is set to keep UK interest rates on hold at 4.75% after five increases since last November.
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The Bank of England keeps UK interest rates at 4.75% following its latest meeting.
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UK interest rates are expected to remain on hold at 4.75% following the Bank of England's latest rate-setting meeting.
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The Bank of England held its benchmark interest rate steady at 5.75 percent on Thursday. The decision was anticipated after weeks of turmoil in global markets.
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Bank of England policymakers voted unanimously to leave interest rates unchanged at 4.75 percent earlier this month and did not even consider a hike, official records showed, reinforcing expectations that borrowing costs are at or near a peak.
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The pound was rangebound against the euro and dollar on Wednesday on the eve of an interest rate decisions by the Bank of England (BoE).
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UK interest rates are set to remain on hold at 5% following the Bank of England's latest meeting.
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Bank of England policymakers voted 6-3 in favour of raising British interest rates by a quarter-poiont to 5.75 percent in July, minutes of their latest meeting showed on Wednesday.
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The Bank of England's interest rate setters voted unanimously to keep rates on hold at 4.75% in January, minutes of the meeting show.
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UK interest rates have been kept on hold at 4.75% following the latest meeting of the Bank of England&#39;s rate-setting committee.
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The Bank of Japan votes unanimously to keep interest rates on hold at 0.5%, in a widely expected move.
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The pound has retreated against its major rivals after the Bank of England's (BoE) decision to leave interest rates unchanged at 4.75 percent.
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Bank of England (BoE) policymakers are widely predicted to freeze interest rates at 4.75 percent on Thursday after last month's surprise hike to borrowing costs.
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The Bank of England today held the base interest rate at 4.75% for the fourth consecutive month, with the decision coming amid evidence of a slowdown in house price growth and weak economic data.
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Business groups have broadly welcomed the Bank of England&#39;s decision to keep interest rates on hold this month. The Monetary Policy Committee (MPC) announced at lunchtime on Thursday that they would be maintaining the base rate at 4.75 per cent.