London, Sept 19:The Bank of England is widely expected to announce it is keeping interest rates unchanged later Thursday despite a big cut from the US Federal Reserve, its first since the onset of the coronavirus pandemic more than four years ago. Most economists think that a majority — potentially a small majority — of the nine-member Monetary Policy Committee, will opt to keep the bank’s main interest rate unchanged at 5% amid ongoing concerns about inflation, particularly the elevated […]

The post Bank of England widely expected to hold interest rates despite big US Fed cut appeared first on Daily Excelsior.