> STOCKSHOTS: Bank of England holds interest rate despite soaring inflation / V000_9QZ6WH
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STOCKSHOTS: Bank of England holds interest rate despite soaring inflation / V000_9QZ6WH
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Description
Stockshots of the Bank of England as it keeps its key interest rate at a record low 0.1 percent, but signals a probable hike in the coming months to dampen soaring inflation. The BoE said in minutes from its latest gathering that it would "likely be necessary" to have "some modest tightening of monetary policy" to bring down inflation. STOCKSHOTS of the Bank of England, the London Stock Exchange, major banks and a trading floor