Bank of England holds interest rate at 5.75 percent
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The Bank of England left its key interest rate at 5.75 percent on Thursday and said it was &quot;too soon&quot; to judge the full economic disruption of the ongoing global credit squeeze.
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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.
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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 pound remained sharply higher after the Bank of England's decision to hike interest rates by 25 basis points to 4.75 percent surprised the market, which had been expecting rates to be left on hold.
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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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The Bank of England trimmed its key interest rate by a quarter-point to 5.25 percent on Thursday, the central bank announced, in line with market expectations.
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The Bank of England has kept its key interest rate at a five-year high point of 5.00 percent, opting against a further rise after last month's quarter-point increase.
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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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Homeowners are given a boost after policymakers at the Bank of England vote to keep interest rates at 5.25%.
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The Bank of England announced it was leaving interest rates unchanged at 4.75 percent for a fourth successive month amid continued signs of cooling in the British economy.
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The Bank of England held its key interest rate at 5.25 percent for the second month in a row on Thursday, the central bank announced.
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Bank of England policymakers voted by 7-2 to raise interest rates by a quarter of a percentage point to a five-year peak of 5.00 percent, minutes of their most recent meeting have shown.
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Britain&#39;s central bank, the Bank of England, decided Thursday to leave the base interest rate on hold at 4.75 percent for the fourth month in a row amid signs of a cooling economy.
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The Bank of England is expected to hold rates at 5.5% after its latest meeting, but a rise remains a possibility.
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The Bank of England raised its key interest rate by a quarter-point to 5.75 percent on Thursday, the highest level for more than six years, in a bid to dampen inflation.
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The Bank of England held its key interest rate steady at 4.75 percent Thursday.
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The Bank of England has held its key interest rate at 4.75 percent, opting against a further rise after last month's surprise quarter-point increase.