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Bank of England expected to hold interest rates at 5%

BBC
Summary
Nutrition label

84% Informative

Bank of England expected to hold interest rates at 5% on Thursday .

Decision comes after inflation remained at 2.2% - just above the Bank 's 2% target.

Governor Andrew Bailey warned people not to expect a sharp fall in rates in coming months .

Economists and investors are betting on rates to be left unchanged and for the Bank to opt to cut them again in November instead.

VR Score

91

Informative language

93

Neutral language

82

Article tone

formal

Language

English

Language complexity

48

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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