Bank of England Holds Rates as U.K. Inflation Rises Amid Economic Uncertainty

Stubborn inflation, tax rises and high interest rates make it difficult for many to muster optimism, at least in the short term.

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Bank of England keeps rates on hold as growth prospects dim

Central bank maintains benchmark at 4.75% and highlights risk of persistent inflation
Financial Times - 42m
Bank of England warns of 'heightened uncertainty' as it keeps interest rates on hold

The U.K.’s central bank has warned about “heightened uncertainty” as it kept interest rates on hold after inflation moved further above target even at a time when the British economy is flatlining ...
ABC News - 2h
Bank of England holds rates but vote split surprises markets

Economists widely expected a rate hold at the December meeting, as policymakers remain concerned with stubborn services inflation and wage growth.
CNBC - 3h
Bank of England holds interest rate at 4.75% but warns of UK stagnation risk

Central bank downgrades growth forecast amid threat from budget fallout, rising inflation and Trump trade tariffs. • Business live – latest updates . The Bank of England has kept UK interest ...
The Guardian - 4h
Fed cuts interest rate for third time this year as economic uncertainty looms

The Federal Reserve announced a quarter-point cut to its key interest rate Wednesday, an effort to keep stable what appears to be a steady but cooling economy.
NBC News - 21h
UK inflation increase solidifies expectations interest rates will be kept on hold

Inflation in the U.K. has risen to its highest level since March
ABC News - 1d
Bank of Japan expected to keep rates on hold this week — CNBC survey

The central bank is expected to keep interest rates on hold this week, awaiting clarity on domestic trends and U.S. policy under Trump, a CNBC survey finds.
CNBC - 3d
German food banks cut aid as demand surges amid rising costs

Yahoo News - 6d
India's new central bank governor takes over as economic growth slows and inflation rises

Sanjay Malhotra, a career civil servant, has become India’s new central bank governor at a time when the country’s economic growth is slowing and inflation is surging
ABC News - Dec. 11