Bank of England Expected to Hold Interest Rates Despite Rising Unemployment
Key Points
- The Bank of England plans to keep interest rates steady amid...
The Bank of England is playing a high-stakes game of financial freeze tag, and nobody wants to be "it." Despite unemployment creeping up and wages growing slower than a Monday morning commute, the BoE looks set to keep interest rates exactly where they are in June 2025. Why? Because sometimes the best move in chess is not moving at all.
The Great Rate Hold of 2025
The central bank finds itself in the economic equivalent of being stuck between a rock and a hard place – except the rock is persistent inflation in the services sector, and the hard place is a sputtering economy that's making ...
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