Skip to content
The Piney Point

Bank of England keeps key rate at 3.75% for the fifth time this year

Bank of England keeps key rate at 3.75% for the fifth time this year
Photo: KPRC 2 / Click2Houston (NBC) · view original

The Bank of England kept its key interest rate on hold for the fifth time this year on Thursday after a bigger-than-expected drop in the inflation rate last month gave policymakers breathing space to assess the fallout from renewed fighting in Iran. The bank’s monetary policy committee voted 6-3...

Sources and story details