Bank of England holds rates steady
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The Bank of England held its key interest rate steady at 5 percent on Thursday, a decision that was widely expected.
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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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UK interest rates are kept on hold at 4.75% by the Bank of England's Monetary Policy Committee amid signs of a slowing economy.
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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 leaves interest rates unchanged at 4.75%, after weak UK retail and manufacturing data.
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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 also left its benchmark rate unchanged at 5.75 percent.
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The Bank of England&#39;s Monetary Policy Committee voted unanimously to keep interest rates steady at 4.75 percent earlier this month, but analysts say another
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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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The Bank of England is expected to keep interest rates at 5.25%, but another rise remains a possibility.
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The Bank of England is seen holding rates at 5.5% after its latest meeting, but a rise remains a possibility.
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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&#39;s rate rise on Thursday - a quarter of a percentage point to a six-year high of 5.75 per cent - may have been predictable, but it will give consumers pause for thought. The European Central Bank meanwhile kept rates steady at 4 per cent, but signalled that markets can expect a rise later this year. Despite some doubts over the future direction of UK and European inflation, the decisions were correct, albeit a month too late in the case of the BoE.
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Bank of England policymakers are forecast to keep British interest rates at 4.50 percent for the eleventh month in a row on Thursday, despite recent upgrades to British economic growth data.
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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 has declared there will be no change to UK interest rates which are to hold at 4.75 per cent, as widely expected by most UK economists.
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The European Central Bank held its main interest rates steady Thursday against a background of rising inflation and slowing growth, shortly after the Bank of England (BoE) did the same.