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Analysts warn a shock rise in borrowing costs could be on the cards as Bank tries to combat soaring inflation pressures
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Re: Interest rate rise 'possible' as Bank of England monetary policy committee discus
Typical scare mongering.
I wouldn't panic after reading that headline.While the consensus in a Reuters poll of 76 analysts predicted the monetary policy committee (MPC) would keep rates on hold at 5% for the fourth consecutive month, some say there is a possibility rates could move up. -
Rates dilemma for Bank of England
The Bank of England is expected to keep interest rates on hold at 5% after facing what experts say will be a difficult decision.
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Interest rates: Bank of England holds at 5%
Despite string of gloomy economic data the prospect of soaring inflation has left policymakers with little room for manoeuvre
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Bank of England holds interest rates at 5%
The Bank of England has kept interest rates on hold for the fourth month in a row today, amid growing fears of a recession.
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Interest rates: Bank of England stays firmly on the fence
The inertia won't last, writes Larry Elliott. Rates will go down in a series of rapid cuts as the Bank tries to revive the economy in 2009
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House prices fall almost 9% as Bank of England keeps interest rates on hold
The Bank of England has kept interest rates on hold for the fourth month in a row today, amid growing fears of a recession.
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House prices fall almost 9% as Bank of England keeps interest rates on hold
The Bank of England has kept interest rates on hold for the fourth month in a row today, amid growing fears of a recession.
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Inflation forces Bank into a corner as it puts rates on hold
Economic bosses override wishes of small businesses and households to avert impending recession
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