Interest rate held for sixth consecutive month
Thursday, 9 May 2024
The Bank of England has edged closer to a cut in interest rates, with another member of its nine-person Monetary Policy Committee (MPC) voting for lower borrowing costs this month.
The Bank of England has edged closer to a cut in interest rates, with another member of its nine-person Monetary Policy Committee (MPC) voting for lower borrowing costs this month.
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💡 newsR Knowledge: Other News MentionsBank of England Central bank of the United KingdomUK budget dims prospect of aggressive rate cuts, say economistsHopes for consecutive interest rate cuts by the Bank of England over the next two months have been dampened by the UK government's recent budget, economists have..Sky News Bailey optimistic Bank of England can cut rates further Credit: ODN Duration: 00:28Published You Might LikeRelated videos from verified sources
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