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.

Topics

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 - 29m
The Fed's rate outlook has rattled markets. Here's what it means for global central banks

The Federal Reserve roiled markets by raising its inflation outlook and signaling fewer rate cuts next year — and global central banks were likely taking note.
CNBC - 1h
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 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.
The New York Times - 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
Bank of Japan holds rates at 0.25%, yen weakens to over four-month low

The decision comes a day after the U.S. Federal Reserve cut rates by 25 basis points, bringing the federal funds rate to 4.25%-4.5%.
CNBC - 9h
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
European Central Bank cuts rates for fourth time this year

ECB lowers borrowing cost as inflation falls and economy remains weak. The European Central Bank cut interest rates for the fourth time this year and kept the door open to further easing in 2025 as ...
The Guardian - Dec. 12
Central banks should tread cautiously with rate cuts, says OECD

Core price pressures and services inflation should make rate-setters wary of cutting too fast, report concludes
Financial Times - Dec. 4

Bank of England holds rates but vote split surprises markets

Topics

Related

Bank of England keeps rates on hold as growth prospects dim

The Fed's rate outlook has rattled markets. Here's what it means for global central banks

Bank of England warns of 'heightened uncertainty' as it keeps interest rates on hold

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

Bank of England holds interest rate at 4.75% but warns of UK stagnation risk

Bank of Japan holds rates at 0.25%, yen weakens to over four-month low

Bank of Japan expected to keep rates on hold this week — CNBC survey

European Central Bank cuts rates for fourth time this year

Central banks should tread cautiously with rate cuts, says OECD

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