Bank of England Maintains Interest Rates at 5.25%, Inflation Not Tamed Quickly Enough

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  • #67831
    Truman
    Participant

    Retail sales in the U.K. disappointed in October, fueling speculation that the Bank of England has hiked enough.
    U.K.’s October Retail Sales -0.3% m/m (expected 0.3%; last -1.1%); -2.7% yr/yr (expected -1.5%; last -1.3%).
    Core Retail Sales -0.1% m/m (expected 0.4%; last -1.3%); -2.4% yr/yr (expected -1.5%; last -1.5%)

    #65701
    Helmholtz Watson
    Participant

    The Bank of England MPC at its December meeting Thursday kept the key bank rate at 5.25% as expected in a 6–3 split vote. The bank left guidance on ti
    [See the full post at: Bank of England Maintains Interest Rates at 5.25%, Inflation Not Tamed Quickly Enough]

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