Summary
THE Bank of England kept interest rates on hold at 5 % yesterday, but further signs of a booming housing market raised the prospect of a hike next year.
The Bank's Monetary Policy Committee (MPC) left the cost of borrowing unchanged after increases in August and November took rates to the current five-year high.See the full content of this document
Extract
Rates Held with Prospect of New Year Hike
The decision was seen as "a dead cert" by economists and the markets, particularly with the United St...
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