Bank of England keeps main interest rate at 16-year high of 5.25% even though inflation is now at its target of 2%

Bank of England keeps main interest rate at 16-year high of 5.25% even though inflation is now at its target of 2%

By
The Associated Press
June 20, 2024, 7:01 AM ET
1 min read

LONDON -- Bank of England keeps main interest rate at 16-year high of 5.25% even though inflation is now at its target of 2%.