How will house prices in Wales be affected by the interest rate freeze? from lacy banks Watch Video

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✓ Published: 21-Mar-2024
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The Bank of England has opted to maintain its current interest rates at 5.25 percent, despite a decline in inflation. In February, inflation dipped to 3.4 percent from January's 4 percent, marking the lowest rate since September 2021 when it stood at 3.1 percent.<br/><br/>They anticipate inflation will return to its two percent target between by June this year, nearly 18 months earlier than previously projected. <br/><br/>Those in the property sector will particularly welcome the news as there have been fears of a market crash.

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The Bank of England has opted to maintain its current interest rates at 5.25 percent, despite a decline in inflation. In February, inflation dipped to 3.4 percent from January&#39;s 4 percent, marking the lowest rate since September 2021 when it stood at 3.1 percent.&#60;br/&#62;&#60;br/&#62;They anticipate inflation will return to its two percent target between by June this year, nearly 18 months earlier than previously projected. &#60;br/&#62;&#60;br/&#62;Those in the property sector will particularly welcome the news as there have been fears of a market crash.
⏲ 1:5 👁 1.7M
The Bank of England has opted to maintain its current interest rates at 5.25 percent, despite a decline in inflation. In February, inflation dipped to 3.4 percent from January&#39;s 4 percent, marking the lowest rate since September 2021 when it stood at 3.1 percent.&#60;br/&#62;&#60;br/&#62;They anticipate inflation will return to its two percent target between by June this year, nearly 18 months earlier than previously projected. &#60;br/&#62;&#60;br/&#62;Those in the property sector will particularly welcome the news as there have been fears of a market crash.
⏲ 1:5 👁 1.1M
The Bank of England has opted to maintain its current interest rates at 5.25 percent, despite a decline in inflation. In February, inflation dipped to 3.4 percent from January&#39;s 4 percent, marking the lowest rate since September 2021 when it stood at 3.1 percent.&#60;br/&#62;&#60;br/&#62;They anticipate inflation will return to its two percent target between by June this year, nearly 18 months earlier than previously projected. &#60;br/&#62;&#60;br/&#62;Those in the property sector will particularly welcome the news as there have been fears of a market crash.
⏲ 1:5 👁 2.7M
The Bank of England has opted to maintain its current interest rates at 5.25 percent, despite a decline in inflation. In February, inflation dipped to 3.4 percent from January&#39;s 4 percent, marking the lowest rate since September 2021 when it stood at 3.1 percent.&#60;br/&#62;&#60;br/&#62;They anticipate inflation will return to its two percent target between by June this year, nearly 18 months earlier than previously projected. &#60;br/&#62;&#60;br/&#62;Those in the property sector will particularly welcome the news as there have been fears of a market crash.
⏲ 1:5 👁 16.8M
The Bank of England has opted to maintain its current interest rates at 5.25 percent, despite a decline in inflation. In February, inflation dipped to 3.4 percent from January&#39;s 4 percent, marking the lowest rate since September 2021 when it stood at 3.1 percent.&#60;br/&#62;&#60;br/&#62;They anticipate inflation will return to its two percent target between by June this year, nearly 18 months earlier than previously projected. &#60;br/&#62;&#60;br/&#62;Those in the property sector will particularly welcome the news as there have been fears of a market crash.
⏲ 1:5 👁 1.1M
The Bank of England has opted to maintain its current interest rates at 5.25 percent, despite a decline in inflation. In February, inflation dipped to 3.4 percent from January&#39;s 4 percent, marking the lowest rate since September 2021 when it stood at 3.1 percent.&#60;br/&#62;&#60;br/&#62;They anticipate inflation will return to its two percent target between by June this year, nearly 18 months earlier than previously projected. &#60;br/&#62;&#60;br/&#62;Those in the property sector will particularly welcome the news as there have been fears of a market crash.
⏲ 1:5 👁 1.6M
The Bank of England has voted to keep interest rates unchanged, but showed what was perhaps the clearest sign in years that cuts could come in the months ahead. Bank governor Andrew Bailey said the economy is “not yet at the point” where rates can be lowered, but things are “moving in the right direction”. For the first time since September 2021, no-one on the nine-person decision-making body that sets interest rates voted for an increase. &#60;br/&#62; Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
⏲ 0:56 👁 21.4M
SSB Clips
⏲ 4 minutes 59 seconds 👁 8
Chief Executive of the Centre for Economics and Business Research Nina Skero speaks to CGTN Europe about Bank of England rate decision and casts a wider look at some of the leading central banks&#39; moves.
⏲ 4:3 👁 16.8M

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