Bank Of England Holds Key Interest Rate At 5.25% After 14 Hikes

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Bank Of England Holds Key Interest Rate At 5.25% After 14 HikesThe Bank of England on Thursday held its key interest rate at 5.25 percent following 14 hikes in a row to fight soaring inflation.

The decision to freeze borrowing costs came one day after official data revealed a surprise cooling of consumer price rises in Britain.

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