UK Interest Rates Held Despite Falling Inflation
The Bank of England has decided to keep interest rates unchanged. They remain at 5.25%, the highest it's been for 16 years. But a rate cut could soon be on the cards, as John Bevir (Beaver) reports.
The Bank of England has decided to keep interest rates unchanged. They remain at 5.25%, the highest it's been for 16 years. But a rate cut could soon be on the cards, as John Bevir (Beaver) reports.
Inflation in the UK has dropped to under 4% - the lowest it's been in more than two years. UK Chancellor (finance minister) Jeremey Hunt says he's cautiously optimistic.
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