Bank Of England Keeps Rates On Hold

LONDON (AP) — The Bank of England has decided to keep interest rates steady despite the economy's relatively strong recovery as it looks for a stronger rise in wages and growth in key trading partners remains weak. Policymakers voted Thursday to keep the key rate at a record low 0.5 percent and to refrain from pumping money into the economy.

Topics:  london ap     the bank   england   policymakers   rates   key   economy   
BING NEWS:
  • The online bank that’s bucking the trend by increasing savings rates as millions hit by cuts
    AN online-only bank has bucked the trend and increased interest rates on savings accounts as millions are hit with cuts. Revolut, which has over 10million UK customers, has hiked rates on five ...
    01/22/2025 - 2:46 am | View Link
  • Bank of England to slash rates much faster than markets expect, Goldman Sachs says
    The US investment bank said that sterling interest rate markets were "significantly underestimating" the extent to which the Bank of England would need to cut rates this year.
    01/21/2025 - 11:27 pm | View Link
  • Bank of England: Goldman Sachs expects deep interest rate cuts
    Markets are significantly underestimating the chance that the Bank of England will have to step up the pace of cutting interest rates.
    01/21/2025 - 9:07 pm | View Link
  • Mortgage brokers steering borrowers towards two-year fixes, Bank of England finds
    Brokers are paid commission by the lender each time a homeowner takes a mortgage, which is typically about 0.35% of the total value.
    01/20/2025 - 9:08 pm | View Link
  • Three cuts to interest rates expected in 2025 from the Bank of England, says Lloyds CEO Charlie Nunn
    Lloyds Banking Group Chief Executive Charlie Nunn has said the lender expects three cuts to interest rates in 2025 from the Bank of England, in line with the interest rate swaps market. Lloyds is one ...
    01/20/2025 - 8:14 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News