The Bank of England may hold rates again next, given persistent inflation and weak growth. A cut becomes more likely if inflation falls faster or economic conditions deteriorate.
The Bank of England may hold rates again next, given persistent inflation and weak growth. A cut becomes more likely if inflation falls faster or economic conditions deteriorate.
When the Bank of England has held rates steady, it usually signals that interest rates are not likely to move soon, as rates are watched while policymakers decide on inflation and economic conditions. Next play will be cut or hold depending on incoming data. Rate forecasts should not be used as a basis for business or investment decisions.
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