Bank of England remains in 'wait-and-see' mode as rates held at 0.1%

MPC voted 7-2

clock • 2 min read
Bank of England remains in 'wait-and-see' mode as rates held at 0.1%
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Bank of England remains in 'wait-and-see' mode as rates held at 0.1%

The Bank of England has held interest rates at the record low of 0.1%, on a 7-2 vote.

The news was announced following the bank's Monetary Policy Committee meeting, after much speculation that the bank would raise interest rates in the face of rising inflation. Ed Monk, associate director...

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