Bank keeps interest rate unchanged
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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 left its key interest rate unchanged at 4.75 percent Thursday.
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The Bank of Japan decided Friday to keep a benchmark interest rate unchanged at 0.5 percent and the central bank's governor hinted that a rate hike may come later than July.
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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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Poland's central bank kept key interest rates unchanged Wednesday after three straight months of increases, surprising markets that expected a quarter or half percentage point hike.
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The Bank of England is widely expected to leave interest rates unchanged at 4.75 percent on Thursday after recent signs that a string of hikes have started to douse the red-hot housing market.
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The Bank of England is expected to keep interest rates at 4.5% on Thursday - but another rise is expected before too long.
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The European Central Bank held its key interest rate steady at 4 percent while the Bank of England cut its benchmark rate by a quarter percentage point to 5.25 percent.
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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 decides to keep UK interest rates unchanged at 5.75% this month.
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The Bank of England has decided that interest rates will stay the same despite a consumer slow-down. Your views?
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The Bank of England has kept interest rates unchanged at 5.25 percent, opting for a wait-and-see approach on the economy after January's surprise hike had rattled financial markets.
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The Bank of England on Thursday left its benchmark interest rate unchanged, at 4.75 percent, as policy makers assessed whether borrowing costs, already the highest in the Group of Seven, are constraining consumer demand.
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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 Canada held its main overnight interest rate unchanged at 4.25 percent, as expected, and shrugged off market volatility. It made no suggestion of future rate moves, indicating that it will keep monetary policy unchanged for some time. âThe Bank of Canada is very happy where things are, given all the uncertainties,â said Michael Gregory, senior economist at BMO Capital Markets.
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The central bank left its benchmark interest rate unchanged at 5.25 percent and signaled that it would keep it at that level for some time.
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The European Central Bank is widely expected to keep interest rates unchanged Thursday, but markets are watching for hints of a quarter-point increase in a month's time.