The Daily Pulse

Business

Bank of England pauses bond sales while interest rates stay steady

Reported by Ishita Mukherjee (Staff Writer) · Google News - UK Business ·

✓ — also reported by Google News - USA Business

Bank of England pauses bond sales while interest rates stay steadyRepresentative image · Wikimedia Commons

Market Shift

Borrowing costs have dropped sharply after the Bank of England decided to halt its bond sales.

Rate Decision

The base interest rate remains unchanged at 3.75 percent.

Future Warnings

Bank officials warned that interest rates could go up if energy prices stay high.

Read more at Google News - UK Business