The Bank of England keeps interest rates fixed in a ‘balanced’ decision; traders are increasing their bets on the discount in August

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General view of the Bank of England building in London. Sopa images | Light rocket | Getty Images It keeps the central bank’s policy rate at a 16-year high of 5.25%, where it has been since August 2023. Seven members of the Monetary Policy Committee voted in favor of maintaining it, while two members favored … Read more