Bank of England Decides to Keep Rates Unchanged Amidst Anticipated Monetary Policy Adjustments

Thursday, 21 March 2024, 12:13

The Bank of England has chosen to keep interest rates steady at 5.25%, aligning with market projections that anticipate a series of rate cuts throughout the year. Sterling experiences a minor decline against the dollar as investors price in the likelihood of three rate reductions in the near future. This decision reflects the central bank's cautious approach in response to prevailing market sentiments and economic conditions.

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Bank of England Holds Firm on Interest Rates

Sterling edges down against dollar as markets fully price in three cuts this year.

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Bank of England Holds Firm on Interest Rates

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