Bank of England Holds Rates Steady Amid Labour Market Weakness and Global Tensions
LONDON, June 19 – The Bank of England (BoE) opted to keep interest rates unchanged at 4.25% during its June policy meeting, signaling a cautious approach amid growing signs of weakness in the labor market and rising global uncertainty, particularly surrounding escalating conflict in the Middle East. The Monetary Policy Committee voted 6-3 to maintain … Read more