Bank of England is 'buying time' with expected decision to hold rates at 5.25%

‘Lesser of two evils’

Cristian Angeloni
clock • 2 min read

The decision by the Bank of England’s Monetary Policy Committee to keep interest rates at 5.25% for the sixth consecutive time is a sign the central bank is “buying time” for the economic picture to improve, before embarking on rate cuts.

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