The Bank of England has held interest rates to “squeeze out persistent inflationary pressures” amid tensions between Israel and Iran risking an alarming uptick in energy prices later this year. Officials said high inflation predictions and sticky wage growth figures had led them to opt for interest rates to be kept at 4.25 per cent [...]
Full ArticleBank of England holds interest rates at 4.25 per cent
City A.M.
0 shares
1 views
You might like
Related news coverage
Labour welfare row will lead to tax hikes and higher interest rates
City A.M.
Divisive party politics at the top of the Labour government stand to prevent the Bank of England from making further interest rate..
Advertisement
More coverage
Chancellor reacts to latest interest rates decision
ODN
Following the Bank of England’s decision to leave UK interest rates at 4.25%, Rachel Reeves says the government respects the..
-
UK growth to suffer from interest rates hold, industry warns
City A.M.
-
All eyes on Bank of England ahead of interest rate decision
Estate Agent Today