Bank of England Holds Rates in 7-2 Vote as Oil Outlook Eases

Bank of England Holds Rates in 7-2 Vote as Oil Outlook Eases

Bloomberg Economics Anna Andrade joins Scarlet Fu on "Real Yield." The Bank of England held interest rates at 3.75% as it said the recent fall in oil prices was “encouraging,” even while two of the nine policymakers voted for an immediate quarter-point hike over concerns of persistent inflation.  (Source: Bloomberg)

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