Bank of England (BoE)

The BOE (Bank of England), established in 1694, is the UK’s central bank, managing currency, money supply, and interest rates, overseeing financial stability, and issuing banknotes. Its main goal is to maintain monetary and financial stability.

Nexus Investor

Bank of England Interest Rates Held at 5.25%: Expected or Surprising?

The Bank of England (BoE) decided to maintain interest rates at 5.25%, which surprised absolutely no one. Like a well-worn playbook, the central bank has kept rates steady since August 2023.

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10 May 2024