Bank of England set to hold rates with bond sales in spotlight
Thu, Sep 19, 2024 8:47 AM

Bank of England set to hold rates with bond sales in spotlight

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The Bank of England looks set to keep interest rates on hold on Thursday as it awaits signs that inflation risks are quashed, putting the focus instead on a decision about bond sales that could feed into Finance Minister Rachel Reeves' first budget. British inflation held steady in August but sped up in the services sector, which is key for the BoE, showing forecasters expect interest rates.

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