Bank of England holds interest rates at 4.25 per cent
- On 20 June 2025, the Bank of England decided to maintain the base interest rate at 4.25%, with six members supporting holding rates steady and three advocating for a reduction.
- The decision followed rising energy prices linked to escalating Middle East conflict and signs of UK labour market softening.
- Policymakers emphasized continued high inflation and global uncertainty require a gradual and cautious approach to monetary policy.
- Governor Andrew Bailey indicated that while interest rates are expected to decrease gradually, their movement is not fixed or predetermined.
- Economists and traders expect at least two more rate cuts this year, with the next likely at the MPC meeting in August 2025.
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116 Articles
116 Articles
All
Left
16
Center
23
Right
8
Coverage Details
Total News Sources116
Leaning Left16Leaning Right8Center23Last UpdatedBias Distribution49% Center
Bias Distribution
- 49% of the sources are Center
49% Center
L 34%
C 49%
R 17%
Factuality
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