Interest rate held again - but for how long?
By Sky News
Community Score: 50% | 2.4K views | 4w
0 community ratings: null thumbs up, null thumbs down
The Bank of England has held the base interest rate at 3.75%. It's a move that was widely expected by markets, particularly after inflation figures released yesterday showed a rise from 2.9% to 3.1% in the year to August. The Bank has chosen to hold despite a big moment in the US last night, where the Federal Reserve announced its first rate hike in three years. Six members of the monetary policy committee voted to hold, while three voted for a hike. Live updates: https://news.sky.com/story/money-live-consumer-personal-finance-interest-rate-mortgages-savings-careers-jobs-tips-sky-news-latest-13040934 SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on X: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow us on TikTok: https://www.tiktok.com/@skynews For more content go to http://news.sky.com and download our apps: Apple https://itunes.appl
Tags: SKY NEWS LIVE, BREAKING, INTEREST RATE, ECONOMY
More from Sky News
- Is the US military strategy working? | Iran War Briefing Day 21 with Prof Michael Clarke — Score: 50%
- What is Trump's end game in Iran? | Sky News analysis — Score: 50%
- More US troops prepare to head to Middle East | The Wrap with Anna Botting — Score: 50%
- Donald Trump says Iran has given him a "very big present" | Analysis — Score: 50%
- More than 6,000 US troops could arrive in Middle East within days | The World with Yalda Hakim — Score: 50%
- Pet owners to pay no more than £21 for prescriptions after major investigation — Score: 50%