Interest rate held by Bank of England after first US hike in years
By Sky News
Community Score: 50% | 12.0K 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. Follow for what it means for you and your money ➡️ https://news.sky.com/story/money-live-consumer-personal-finance-interest-rate-mortgages-savings-careers-jobs-tips-sky-news-latest-13040934 #UK #UKEconomy #BankOfEngland #InterestRates #Finance #Money #SkyNews #Live #SkyNewsLive #BreakingNews 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.c
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%