Home > Bank of England holds rate at 16-year high

Business
Bank of England holds rate at 16-year high

Description

The Bank of England holds its interest rate at a 16-year high, insisting it was not yet the right time to cut with inflation staying high despite a fall to just above three percent. "That's encouraging. But we are not yet at a point where we can cut bank rates," he tells a press conference. IMAGES

Added on the 09/05/2024 14:50:12 - Copyright : AFPTV - First images

To customise your video :

Generic export code

More videos on the subject

US Fed holds interest rates at 22-year high

US Federal Reserve Chair Jerome Powell announces that the US Federal Reserve has voted to keep interest rates at a 22-year high, between 5.25 percent and 5.50 percent. SOUNDBITE

20/09/2023 - AFPTV - First images
US Fed holds interest rates at 22-year high

The US Federal Reserve has voted to hold interest rates at a 22-year high for a second straight meeting. "Today we decided to leave our policy interest rate unchanged," announces Fed chair Jerome Powell. SOUNDBITE

01/11/2023 - AFPTV - First images
US Fed holds interest rates steady, sees just one cut this year

The US Federal Reserve left its key lending rate unchanged on and penciled in just one rate cut this year, down from the three expected in March. SOUNDBITE

12/06/2024 - AFPTV - First images
'High inflation imposes significant hardship' on US consumers, Fed chair says

"My colleagues and I are acutely aware that high inflation imposes significant hardship as it erodes purchasing power," US Federal Reserve Chair Jerome Powell says in Washington. SOUNDBITE

20/03/2024 - AFPTV - First images
US Fed holds key lending rate, signals three cuts in 2024

The US Federal Reserve votes to hold interest rates at a 22-year high for the third straight meeting and signaled it expects to make three cuts next year. SOUNDBITE

13/12/2023 - AFPTV - First images