Bank of England keeps rates at 5.25% in 'finely balanced' decision; traders lift bets for August cut

The central bank's key interest rate is at a 16-year high of 5.25%, where it has stood since August 2023.

Jun 21, 2024 - 02:00
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Bank of England keeps rates at 5.25% in 'finely balanced' decision; traders lift bets for August cut
The central bank's key interest rate is at a 16-year high of 5.25%, where it has stood since August 2023.