Bank of England maintains interest rates at 0.1%

'Wait-and-see' mode for BoE as core inflation reaches highest rate since 2011

clock • 2 min read
The Bank of England
Image:

The Bank of England

The Bank of England’s (BoE) monetary policy committee (MPC) has voted unanimously to hold its key interest rate at 0.1%, while downgrading its GDP and inflation predictions for the rest of 2021.

The bank "is now in wait-and-see mode" said HSBC Asset Management macro and investment strategist Hussain Mehdi. "[It is] still providing a signal that tightening will be required in the coming ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

TPR: Economic growth and saver interests can be 'mutually reinforcing'

TPR: Economic growth and saver interests can be 'mutually reinforcing'

CEO Nausicaa Delfas gives speech confirming supervision changes are ongoing at TPR

Jasmine Urquhart
clock 28 March 2025 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Barnett Waddingham acquired by Howden, Spring Statement, TPR gender pay gap report

Professional Pensions
clock 28 March 2025 • 1 min read
News Digest: IFS says Reeves could tax pensions and wealth if economy worsens

News Digest: IFS says Reeves could tax pensions and wealth if economy worsens

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 28 March 2025 • 1 min read
Trustpilot