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Bank of England ‘unlikely’ to cut interest rates

Interest rates held at 4.25% but Bank of England hints at future cuts

Governor Andrew Bailey says "interest rates remain on a gradual downward path" but cautions "the world is highly unpredictable".

Daily Express · 1d

Interest rates: Bank of England holds rate at 4.25% in blow to Rachel Reeves

The Bank of England has held interest rates at 4.25% amid mounting fears the conflict between Israel and Iran will escalate. The decision on Thursday (June 19) by the bank’s nine member Monetary Policy Committee (MPC) was widely anticipated.

Euronews on MSN · 1d

Bank of England holds interest rates amid intensifying inflation risks

As widely expected, the Bank of England kept interest rates on hold as fears grow that the conflict between Israel and Iran will escalate to involve the United States. This would likely send oil prices soaring and push UK inflation further above target.

Cyprus Mail on MSN1d

Bank of England keeps interest rates steady with focus on weaker job market, energy prices

Noting the elevated global uncertainty and persistent inflation, the Monetary Policy Committee voted 6-3 to keep rates on ...

1d

Bank of England keeps interest rates unchanged leaving home-buyers to wait for loan cuts

HOME-buyers were made to wait for loan cuts as Bank chiefs held steady on interest rates. Borrowing costs were kept at 4.25 ...

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