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Bank of England Divided on Interest Rate Cut as UK Economy Shows Signs of Growth /
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2024-05-09 03:03:33

Bank of England Divided on Interest Rate Cut as UK Economy Shows Signs of Growth on Nostr: Bank of England Expected to Hold Interest Rates at 16-Year High =============== ...

Bank of England Expected to Hold Interest Rates at 16-Year High
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#722a72e6 ver:0.12

Bank of England expected to hold interest rates at 16-year high of 5.25%. Governor Bailey cites receding UK inflation as reason to maintain rates. Decision closely watched for clues on potential rate cuts in June or August. GDP data to show UK economy exiting shallow recession in Q1 2024. #BankofEngland #interestrates #UKeconomy...

#newstr #BankOfEngland #InterestRate #Inflation #UkEconomy

https://here.news/story/722a72e6?ver=0.12
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