Thursday, September 21, 2023

Bank Of England Holds Key Interest Rate At 5.25% After 14 Hikes

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.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)



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