Bank of England mulls rate levels
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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 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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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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A group of MPs are calling for the Bank of England to be more open about the way it sets interest rates.
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The ECB is likely to raise interest rates in a regular monthly policy meeting scheduled on Thursday. The key rate that is now at a historic low of 2% will probably be raised to combat inflationary pressures.
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The Bank of England is considering making explicit interest rate forecasts, the bank's Deputy Governor for Monetary Policy Rachel Lomax said in a speech on Wednesday, the Financial Times reported.
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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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Rise in inflation lower than expected, suggesting Bank of England will have room to cut interest rates
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Experts expect the Bank of England to leave interest rates on hold at 4.75% on Thursday.
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Business & money: Analysts believe Bank of England still likely to raise interest rates higher in the coming months.
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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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The Bank of England leaves rates on hold at 4.75%, though analysts predict an increase later this year.
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Hopes that interest rates have peaked were fuelled today by news that the Bank of England this month began considering the case for a cut in the cost of borrowing.
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The Bank of England has left its key lending rate at 4.75 percent for the fourth month in a row, but analysts are split over whether borrowing costs will go up again next year.
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The Bank of England looks set to cut UK interest rates amid signs of a slowing economy, analysts say.
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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 policymakers will decide Thursday whether to reduce interest rates for the second month in a row, with recent economic data seen as reducing the chances of back-to-back cuts.