Homeowners across the U.K. are hoping that the Bank of England will decide to avoid raising interest rates Thursday for the first time in nearly two years, a decision that would come on the heels of similar action by the U.S. Federal Reserve.
Following Wednesday's news that U.K. inflation fell unexpectedly in August to 6.7%, its lowest level since Russia invaded Ukraine, expectations have grown that the Bank of England will opt to keep its main interest rate unchanged at a 15-year high of 5.25%.
