Bank of England’s interest rate pause raises hopes peak has been reached

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Bank of England’s interest rate pause raises hopes peak has been reached - short news

Relief for mortgage holders after 14 consecutive rises as UK economy comes under growing pressure

Judging by state of economy, Bank is done with rate hikes

Mortgage holders have been offered relief after the Bank of England kept interest rates on hold for the first time in almost two years, raising the prospect that a peak in borrowing costs has been reached in the battle against inflation.

In a knife-edge decision as the economy comes under growing pressure, the Bank’s..

Read more on The Guardian

source: The Guardian - 21.09.2023