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International Business Times
International Business Times
Business

British Inflation Is Running Above Its Target. The Bank Of England Decided To Leave Rates Unchanged.

Bank of England Inflation Kevin Warsh US Federal Reserve
The Bank of England kept interest rates unchanged on Thursday, as most analysts expected.

The Bank of England kept interest rates unchanged at 3.75% on Thursday, in line with expectations from analysts.

The decision, however, was not unanimous. Six members voted to maintain rates, while the remaining three favored a hike to 4%.

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