( ) -q-26- UNDATED (Correspondent Jeremy House) “the bank’s goal.” The Bank of England is keeping its main interest rate unchanged at 5%. [CutID: <Cuts> UK-INTEREST-RATE-house-q-THUam.mp3 Time: 26s Title: UK-INTEREST-RATE-house-q-THUam Out-cue: the bank’s goal] TAG: Correspondent Jeremy House reporting. —————————- VERBATIM: The decision was widely expected amid ongoing concerns about inflation within the bank’s monetary […]
Audio
Bank of England keeps its main interest rate on hold at 5%
( ) -q-26- UNDATED (Correspondent Jeremy House) “the bank’s goal.”
The Bank of England is keeping its main interest rate unchanged at 5%.
[CutID: <Cuts> UK-INTEREST-RATE-house-q-THUam.mp3
Time: 26s
Title: UK-INTEREST-RATE-house-q-THUam
Out-cue: the bank’s goal]
TAG: Correspondent Jeremy House reporting.
—————————-
VERBATIM: The decision was widely expected amid ongoing concerns about inflation within the bank’s monetary policy committee. The Bank of England cited the elevated levels in the crucial services sector, which accounts for around 80% of the British economy. New inflation figures this week show that inflation overall in the U.K. held steady at an annual rate of 2.2% in August, still above the bank’s goal.