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Bank of England to hold key rate at 0.25%

Central bank expects UK inflation to rise above 2% in the coming months

Bank of England to hold key rate at 0.25%

The Bank of England on Thursday left its key interest rate at a record low 0.25%, meeting widely held expectations, MarketWatch reports.

The vote to hold the rate steady was 8-1, with board member Kristen Forbes backing a rate increase.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink