Sky News
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Bank of England holds interest rate at 4.75% after November inflation rise
Posted
December 19, 2024
Views
7,009
Likes
45
Comments
34
Engagement
1.13%
December 19, 2024
7,009
45
34
1.13%
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2:19Now PlayingThe Bank of England has held its base rate at 4.75% - as many analysts had predicted.
The Bank's Monetary Policy Committee voted to keep the rate the same by a majority of 6-3.
Deputy governor Dave Ramsden, alongside Swati Dhingra and Alan Taylor, were outvoted in calling for a cut to 4.5%.
#money #fiancee #bankofengland #interestrates
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