Channel 4 News
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UK interest rates held but cut could be on the way
Posted
May 9, 2024
Views
25,049
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160
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90
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May 9, 2024
25,049
160
90
1.00%
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5:45Now PlayingWhen will they fall? Interest rates were held at 5.25 percent today by the Bank of England. (Subscribe)
It's the sixth month in a row with no change. But from the mood music on Threadneedle Street, a cut could finally be on its way: perhaps as soon as June. For that to happen inflation needs to keep falling.
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