Base Rate Held At 5.00% – Inflation Stands At 2.2%
Base Rate Held Bank of England’s (BoE) Monetary Policy Committee (MPC) voted 8-1 to maintain the current Base Rate at 5.00%. The BoE decision to hold its base rate at 5%, even after the US Federal Reserve (Fed) cut its base rate by 0.5%, could be due to several key factors reflecting differences in economic […]
Base Rate Held At 5.00% – Inflation Stands At 2.2% Read More »