Bank of England holds interest rates at 5% after inflation stalls

Up to two cuts expected before year-end

Cristian Angeloni
clock • 2 min read
Bank of England holds interest rates at 5% after inflation stalls

The Bank of England’s (BoE) Monetary Policy Committee (MPC) has decided to hold interest rates at 5% by a majority vote of eight to one.

This follows the first rate cut from the BoE since August, which had been an incredibly close, split decision with five to four members in favour. Additionally, the MPC unanimously voted to redu...

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Cristian Angeloni
Author spotlight

Cristian Angeloni

Senior Reporter at Investment Week

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