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    R. Scott Pert (raymondpert@mastodon.cloud)'s status on Friday, 22-Mar-2024 16:34:03 JST R. Scott Pert R. Scott Pert

    No reduction for now: Bank of England freezes interest rate at 16-year high

    > The Bank of England on Thursday held its key interest rate at a 16-year high, opting against a reduction as #inflation remains elevated despite recent slowdowns.

    > But BoE governor Andrew Bailey signalled a rate-reduction later this year as inflationary pressures ease further. https://today.rtl.lu/news/business-and-tech/a/2179899.html #UK #economy

    In conversation about 10 months ago from mastodon.cloud permalink

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      No reduction for now: Bank of England freezes interest rate at 16-year high

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