UK interest rates expected to be held at 4.25%

JUNE 19 - The Bank of England is expected to keep interest rates on hold when its policymakers announce their next decision later. The Bank cut the rate Kenya breaking news | Kenya news today |..

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The Bank of England is expected to hold interest rates at 4.25% during its upcoming announcement, following a cut from 4.5% earlier this year.

The decision will be made by the Monetary Policy Committee at 12:00 BST.
Analysts predict further rate cuts later this year due to persistent inflation, currently at 3.4%.
Economic pressures include a 0.3% contraction in the economy and rising food prices, while global tensions may also impact inflation rates.

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Interest Rate Stability in UK and US

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