Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeWorldBank of England holds interest rate at 4.5%

    Bank of England holds interest rate at 4.5%

    The announcement comes one day after the US Federal Reserve and Bank of Japan held borrowing costs steady, while earlier Thursday Switzerland's central bank cut rates

    AFP
    March 20, 2025 / 17:42 IST
    The announcement comes one day after the US Federal Reserve and Bank of Japan held borrowing costs steady, while earlier Thursday Switzerland's central bank cut rates.

    The Bank of England kept its key interest rate on hold at 4.5 percent Thursday, opting against a further cut despite stagnant UK economic growth as inflation stays elevated.

    The announcement comes one day after the US Federal Reserve and Bank of Japan held borrowing costs steady, while earlier Thursday Switzerland's central bank cut rates.

    AFP
    first published: Mar 20, 2025 05:42 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347
    CloseOutskill Genai