09 May 2024 | 09:41
Bank of England stands pat on interest rates
(Sharecast News) - The Bank of England stood pat on interest rates on Thursday at 5.25%, as widely expected.
This marked the sixth meeting in a row the Bank has held rates, even as the latest figures from the Office for National Statistics showed that consumer price inflation eased to 3.2% in March from 3.4% in February, having hit a peak of 11.1% in October 2022.