Sky News
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Bank of England keeps interest rate at 4.25%
Posted
June 19, 2025
Views
7,381
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39
Comments
14
Engagement
0.72%
June 19, 2025
7,381
39
14
0.72%
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2:42Now PlayingThe Bank of England has opted to keep the base rate at 4.25%, as most economists had expected.
Six rate setters voted to keep the rate the same, while three wanted to cut it by 0.25 percentage points to 4%.
Rising food prices and the risk of an oil price surge due to tensions in the Middle East have put pressure on the Bank not to make cuts too quickly.
#skynews #money #interestrates #economy #uknews #bankofengland
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