Bank of England expected to leave interest rates on hold today – business live

Bank of England expected to leave interest rates on hold today – business live - short news


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Should the Bank of England cut interest rates with Britain’s economy in bloom?

The BoE is also under some political pressure to start cutting interest rates soon, as falling borrowing costs would help Rishi Sunak argue that the economic picture was brightening.

Back in March, Sir Geoffrey Clifton-Brown, a senior Conservative MP, said the Bank should move to cut rates to boost economic growth.

In an election year,..


Read more on The Guardian

source: The Guardian - 09.05.2024

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