Reported about 6 hours ago
The Bank of England decided to maintain its key interest rate at 4% on November 6, 2025, breaking a trend of quarterly cuts since August 2024. While U.K. inflation has risen to 3.8%, it is primarily attributed to government policies rather than consumer demand. The decision came after a close vote within the Monetary Policy Committee, as members weigh the implications of inflation against a cooling jobs market, signaling that future cuts may depend on a clearer trend towards the central bank’s 2% inflation target.
Source: YAHOO