The Guardian Business · Экономика · 16 мин назад
Bank of England expected to slow bond-selling programme and hold interest rates today – business live
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It’s a crunch day for the Bank of England . The UK central bank will announce its latest interest rate decision at noon, and also reveal whether it has made any changes to its bond-selling programme.
The City are pretty confident that the Bank will leave rates on hold, at 3.75%, despite inflation rising further away from its 2% target yesterday.
But while perhaps three members of the monetary policy committee might vote for a hike, they’ll probably be outvoted by the other six…. (but you never know for sure!).
The problem facing the Bank of England is that it has a mandate to control inflation, but there are signs that consumers are struggling – and a rate hike would add to that pressure on households.