The Bank of England kept its key interest rate at 5.25% and delayed its goal of returning to the 2% inflation target level until the end of 2025.
The Bank of England left its key interest rate unchanged at 5.25% this Thursday, in a gloomy economic context in the United Kingdom. On the other hand, it delayed its goal of returning inflation to 2% by the end of 2025, instead of doing so in the second quarter of the same year.
The Monetary Policy Committee (MPC) “voted by a majority of 6 to 3 to maintain its rates at 5.25%”, three members spoke in favor of an increase of a quarter point, the British central bank indicated in the minutes of your meeting.
>> More information coming soon to BFM Business in a few moments. Also watch live from BFM Business on video and follow us On twitter.
Source: BFM TV
