Roundup: Bank of England holds benchmark rate at 5.25 pct


  • World
  • Friday, 15 Dec 2023

LONDON, Dec. 14 (Xinhua) -- The Bank of England (BoE) held its benchmark interest rate at a 15-year high of 5.25 percent on Thursday.

At its meeting ending on Wednesday, the BoE's Monetary Policy Committee voted by a majority of 6-3 to hold the rate. Three members preferred to increase it by 0.25 percentage point to 5.5 percent.

Uh-oh! Daily quota reached.


Experience an ad-free unlimited reading on both web and app.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Tunisia says 23 migrants missing after setting off in boat to Italy
Tunisian rights groups say freedoms threatened under Saied's rule
Slovakia's Prime Minister Robert Fico still in serious condition, officials say
Ukraine struggles to hold eastern front as Russians advance on cities
Eight arrested after climate activists breach German airport
Libya's eastern government investigating disappearance of lawmaker
Fifty dead in heavy rain, floods in central Afghanistan, official says
Honey, I love you. Didn’t you see my Slack about it?
Australians stranded in New Caledonia 'running out of food' amid civil unrest
The architects of ‘Hades’ strive to bewitch gamers again

Others Also Read