Summary
INTEREST rates were held steady at 4.5 per cent for a tenth month in a row yesterday by the Bank of England, despite continued fears over rising inflation.
The decision by the bank's monetary policy committee (MPC) had been widely expected, but the inflation worries leave analysts expecting the next move in rates to eventually be up.See the full content of this document
Extract
Interest Rates Held at 4.5 Per Cent for Tenth Month
The bank's most recent quarterly inflation report warned that inflation could overshoot its 2 per cent...
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