Bank of England Leaves Rate Unchanged
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It was the fourth month in a row that the bank&#39;s Monetary Policy Committee decided against changing the rate. The decision was widely expected following indications that Britain&#39;s economy has slowed, and that
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The Bank of Japan opts to keep interest rates unchanged at 0.5% for the seventh month in a row.
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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 left interest rates  unchanged on Thursday, following a week of intense speculation  over whether it would cut them for a second month running to  shore up economic growth.
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Despite growing unease about inflation and slowing economic indicators, the European Central Bank and Bank of England kept their benchmark interest rates unchanged Thursday.
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Weak trade figures weighed on the pound as the Bank of England decided to keep its benchmark repo rate unchanged.
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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 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.
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The pound and the euro showed little reaction as both the Bank of England and the European Central Bank elected to leave interest rates unchanged this month, as expected.
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The Bank of England is widely expected to leave rates on hold at 4.75% at its latest interest rate meeting.
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The European Central Bank left its key refinancing rate unchanged at two per cent Thursday amid signs that the recovery in the 12-country euro zone may be sputtering.
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The Governing Council of the European Central Bank decided to keep the interest rates at 2 % on Thursday. The same day, the Bank of England also announced the decision to keep its key rate unchanged at 4.75%.
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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 appears set to hold interest rates steady for at least the next few months after revealing policymakers did not even discuss raising borrowing costs at their November meeting.
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The pound lost ground on the dollar after the Bank of England's decision to leave its main borrowing rates unchanged at 5.25 percent, analysts said Thursday.
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The Bank of England held its benchmark interest rate steady at a six-year high of 5.5 percent after reports that price inflation is slowing in the services and housing sectors. The bank raised rates last month after three other rises since August apparently failed to cool inflationary pressures and a buoyant housing market. Even after the European Central Bank raised rates Wednesday by a quarter-point, to 4 percent, Britainâs rates remain the highest among the worldâs seven wealthiest nations. Most economists expect a rise of a quarter of a percentage point next month in British rates. as the Bank of England tries to bring consumer price index inflation back to its 2 percent target from its current level of 2.8 percent.