News Story

NEWS STORY : Bank of England Holds Interest Rates at 5.25%

STORY

The Bank of England has held interest rates at 5.25% with the 7 members of the rate-setting committee backing no change and 2 who wanted a reduction. The Bank of England said that inflation had returned to target levels and the financial markets expect a cut later in the year.

RESOURCES

Bank of England Web-Site on Interest Rates