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 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 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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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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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 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.
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The Bank of England held interest rates steady at 5.5 percent on Thursday, resisting calls for a cut amid mounting signs of a slowing domestic economy.
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The Bank of England has chosen to keep interest rates unchanged at 5.25 percent, deciding against another increase following January's surprise hike.
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The pound was a touch softer after both the European Central Bank and the Bank of England left rates unchanged.
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The pound stayed steady on Tuesday, though slightly down against the dollar, with no change to market expectations that the Bank of England will keep its key repo rate unchanged at a six-year high of 5.50 percent on Thursday.
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The Bank of England keeps UK interest rates unchanged at 5.5%, despite signs of a consumer spending slowdown.
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The Bank of England votes to leave rates unchanged at 5.25% after its two-day meeting.
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The Bank of England surprised precisely no one by leaving interest rates unchanged at 4.75 percent for a fourth successive month, a decision widely anticipated amid continued signs of a cooling British 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&#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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With economic indicators mixed, the European Central Bank will leave interest rates unchanged Thursday as it waits for signals that a hesitant recovery has built up more steam, economists say.
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UK interest rates are expected to remain on hold at 4.75% following the Bank of England's latest rate-setting meeting.