Bank of England keeps key rate at 3.75% for the fifth time this year
Headline from The Republic
LONDON (AP) — The Bank of England kept its key interest rate on hold for the fifth time this year on Thursday after a bigger-than-expected drop in the inflation rate last month gave policymakers breathing space to assess the fallout from renewed fighting in Iran.
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LONDON (AP) — The Bank of England kept its key interest rate on hold for the fifth time this year on Thursday after a bigger-than-expected drop in the inflation rate last month gave policymakers breathing space to assess the fallout from renewed fighting in Iran.
State of the Union: The BoE governor indicated that the bank may raise rates above 3.75 percent if disruptions to energy markets caused by the Iran War persist.
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Bank of England keeps key rate at 3.75% for the fifth time this year | Since Then