Why Did Bank of England NOT Raise Interest Rates?

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 aims to make the events and topics that are moving the markets easier to understand for traders and investors.