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Inflation rates kept on hold at 5.25%

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  • Inflation rates kept on hold at 5.25%

    The Bank of England’s Monetary Policy Committee (MPC) has decided today to keep interest rates on hold today at 5.25%. The decision was in line with market expectations. Its decision to keep interest rates on hold is believed to be a way of curbing further increases in inflation.Interest rates were cut from 5.5% to [...]

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