Bank of England Intrest Rate – Artifex.News https://artifexnews.net Stay Connected. Stay Informed. Thu, 21 Sep 2023 11:21:28 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://artifexnews.net/wp-content/uploads/2023/08/cropped-Artifex-Round-32x32.png Bank of England Intrest Rate – Artifex.News https://artifexnews.net 32 32 Bank Of England Holds Key Interest Rate At 5.25% After 14 Hikes https://artifexnews.net/bank-of-england-holds-key-interest-rate-at-5-25-after-14-hikes-4410761/ Thu, 21 Sep 2023 11:21:28 +0000 https://artifexnews.net/bank-of-england-holds-key-interest-rate-at-5-25-after-14-hikes-4410761/

London:

The Bank of England on Thursday held its key interest rate at 5.25 percent following 14 hikes in a row to fight soaring inflation.

The decision to freeze borrowing costs came one day after official data revealed a surprise cooling of consumer price rises in Britain.

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