MacroLive Wire · AI-collected
Bank of England Holds Rate at 3.75% Despite Rising Inflation
- The Bank of England held interest rates at 3.75% for the sixth time in a row despite rising inflation, according to BBC.
- The Bank said rates are likely to rise if high energy prices continue.
- This follows earlier reporting that the hold was expected while the Bank faced tough choices.
Published Sep 17Source: BBC ↗