Bank of England warns on inflation risks
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The Bank of England's nine-member monetary policy committee voted unanimously to hold interest rates at 3.75%.
THE Bank of England base rate has been held at 3.75% as officials fear the war in Iran is to send costs soaring for British households. All nine members of the Bank’s Monetary Policy
The Bank of England’s Monetary Policy Committee has held UK interest rates at 3.75% as conflict in the Middle East forces the committee to delay cuts.
While investors eagerly await lower interest rates when the FOMC meets on March 17-18, the leading monetary policy rules suggest holding steady is the right approach. Read more