UK interest rates kept at 5.25% as inflation target could be reached by summer
by Anna Wise
Feb 07, 2024
2 minutes
The Bank of England has kept interest rates at 5.25% as it forecast that inflation is set to fall to its target level a year and a half earlier than expected.
Policymakers on the (MPC) voted to hold rates at their near 16-year high for at least another month,
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