2023-09-21 11:06:52
PARIS (Archyde.com) – The Bank of England (BoE) announced on Thursday a pause in its rate increases, going once morest market expectations.
The key rate is maintained at 5.25%, its highest level since 2008, the first pause following 14 consecutive rate increases.
Economists polled by Archyde.com last week had expected a quarter-point hike while financial markets earlier on Thursday put the chance that the rate would be kept at 5.25% at around 40%. .
(Written by Corentin Chappron, edited by Blandine Hénault)
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