Why Did Bank of England NOT Raise Interest Rates?

Market Movers
3 min readNov 5, 2021

Yesterday the Bank of England monetary policy announced they would be holding rates for now and the market believes Andrew Bailey, governor of the Bank of England did them dirty. After all, it seemed a rate rise was on the cards after Bailey said that they will have to act last month.

Why Did the Bank of England Choose to Not Raise Rates?

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Market Movers

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