The Daily PulseBusiness
Bank of England pauses bond sales while interest rates stay steady
Reported by Ishita Mukherjee (Staff Writer) · Google News - UK Business ·
Verified — Confirmed by a second source: Google News - USA Business
Confirmed by a second source: Google News - USA Business
Major
Representative image · Wikimedia CommonsMarket 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.
Tags:Bank of England
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