Bank of England meets expectations as rates held at 5.25%

MPC voted 6-3 yesterday to keep interest rates steady

Elliot Gulliver-Needham
clock • 3 min read
Bank of England meets expectations as rates held at 5.25%

The Bank of England (BoE) has held interest rates at 5.25% while reasserting that its monetary policy stance is likely to remain restrictive "for an extended period of time".

The central bank's monetary policy committee (MPC) voted 6-3 yesterday (14 December) to hold interest rates steady. While inflation has fallen sharply from its peak of 11.1% in October 2022, it ...

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