Bank of England holds interest rates at 5.25%
Financial Express Mumbai|March 22, 2024
TWO OF THE Bank of England's most ardent hawks withdrew their support for interest rate hikes, as the UK's central bank voted for a fifth meeting to keep straight policy unchanged.
TOM REES

Catherine Mann and Jonathan Haskel joined an 8-1 majority on the Monetary Policy Committee to keep rates at a 16-year high of 5.25%, the latest sign that the BOE was edging toward easing policy later this year. The vote represented the first time since September 2021 that no member of the panel had supported an increase.

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