Bullet points of Bank of England holds interest rates steady after August cut

Bullet points of Bank of England holds interest rates steady after August cut
- The Bank of England has decided to hold interest rates steady at 5%.
- The decision was made despite the US Federal Reserve's decision to cut interest rates.
- The Monetary Policy Committee voted 8-1 in favor of holding rates steady.
- The committee is assessing a mixed bag of economic data, including headline inflation and wage growth.
- The decision has bolstered the British pound and global equity markets.