London | The Bank of England has stepped aside from its rate-cutting peers in the US and Europe, leaving its benchmark interest rate unchanged at its pre-Christmas meeting.
The cautious BoE, which had cut rates in August and November, responded to a pick-up in wages and prices last month, suggesting inflation might not be fully back in its box.
Loading...
Hans van Leeuwen covers British and European politics, economics and business from London. He has worked as a reporter, editor and policy adviser in Sydney, Canberra, Hanoi and London. Connect with Hans on Twitter. Email Hans at hans.vanleeuwen@afr.com
