Bank of England keeps rates on hold at 4.5%
The Bank of England has kept interest rates on hold at 4.5 per cent, while leaving the door open to further reductions this year as it grapples with both global trade tensions and continuing price pressures in the UK.
The Monetary Policy Committee voted eight to one to leave the bank’s benchmark rate unchanged as it reiterated plans to pursue a “gradual and careful ” approach за по -нататъшно рязане.
Swati Dhingra, външен член на MPC и дълготраен гълъб, гласоподава за понижаване на % на четвърт точка.
„ В момента има доста икономическа неустановеност “, съобщи Андрю Бейли, губернатор на BOE. He added that, while the bank had held rates at 4.5 per cent, “we still think that interest rates are on a gradually declining path ”.
Thursday’s decision followed a quarter-point cut last month, when the BoE also halved its 2025 growth estimate to 0.75 per cent.
“We’ll be looking very closely at how the global and domestic economies are evolving at each of our s...
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