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Search results for: "interest rates". 18 articles found.
Here the PA news agency looks at what the decision means and what the Bank expects to happen to the economy.
The central bank's Monetary Policy Committee opted to keep the rates the same at the final meeting before the autumn Budget.
The interest rate decision was made by the narrowest of margins, meaning all eyes are now on the Bank's December meeting.
Close-run vote raises hopes of rates cut in December, with inflation now having peaked at 3.8% Business live latest updates There were reasons to be cheerful contained within the Bank of England's latest verdict on the outlook for the UK economy, released alongside its decision to leave interest rates unchanged at 4% . Inflation, it said, has now peaked at 3.8% , and is expected to fall steadily back to the Bank's 2% target sometime in 2027. That's an improvement on its thinking in August...
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Always ensure your cash savings are earning above the rate of inflation - currently 3.8%...
The best rates on easy access accounts are around 4.5 per cent - but you can vastly increase that with regular savers...
The interest rate set by the Bank of England affects mortgage, loan and savings rates for millions.
Members of the nine-strong committee pointed to a gradual' easing of rates in the longer term.
Perhaps it's not surprising that, the day after Guy Fawkes night, the Bank of England held off from lighting any economic fireworks at Threadneedle Street on Thursday.
Borrowing costs kept unchanged for second meeting in a row, with inflation at nearly twice official target Business live latest updates The Bank of England has kept interest rates on hold at 4% as it warned unemployment was rising and growth remains weak as Rachel Reeves prepares for her make-or-break budget. With less than three weeks before the chancellor's highly anticipated tax and spending measures, the Bank's monetary policy committee (MPC) voted by a narrow five-four majority to keep...
The Bank of England has voted to leave interest rates on hold at 4%, but a knife-edge split on its Monetary Policy Committee suggests a cut may be coming very soon.
Experts are split on the prospect of a change with the rate currently at 4 per cent...
The current base rate is 4% but analysts are split over whether another cut is incoming...
Most economists agree that there will be divisions among the nine-person committee when it comes to this week's vote.
Most analysts believe the Bank rate will remain at 4% for now, although there could be a cut in December.
President Trump on Wednesday touted his economic agenda one day after Democrats won key victories in elections where voters said they were largely basing their decisions on the cost of living. Trump traveled to Miami to deliver remarks at the America Business Forum, where he pointed to lower gas prices, dropping interest rates and investments...
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