{"id":4473,"date":"2023-09-22T12:59:41","date_gmt":"2023-09-22T10:59:41","guid":{"rendered":"https:\/\/www.dhcab.com\/?p=4473"},"modified":"2023-09-22T12:59:41","modified_gmt":"2023-09-22T10:59:41","slug":"boe-keeps-rates-unchanged","status":"publish","type":"post","link":"https:\/\/www.dhcab.com\/?p=4473","title":{"rendered":"BOE keeps rates unchanged"},"content":{"rendered":"<div class=\"postie-post\">\n<div>\n<div dir=\"auto\">The Bank of England expectedly ended its most aggressive cycle of interest rate hikes amid falling inflation and growing fears of a recession, keeping its key rate at 5.25%.<\/p>\n<p>The pound fell to its lowest level since March as traders reduced their bets on further interest rate hikes.<\/p>\n<p>However, the BOE signaled that its policy was only on pause and that it would respond if inflation, which remains more than three times above the 2% target, does not fall as expected.<\/p>\n<p>GDP growth in the second half of 2023 is likely to be weaker than the 0.25% expected in August.<\/p><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Bank of England expectedly ended its most aggressive cycle of interest rate hikes amid falling inflation and growing fears of a recession, keeping its key rate at 5.25%. The pound fell to its lowest level since March as traders reduced their bets on further interest rate hikes. However, the BOE signaled that its policy [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4474,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":["post-4473","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-global-issues"],"_links":{"self":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/4473","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4473"}],"version-history":[{"count":0,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/4473\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/media\/4474"}],"wp:attachment":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4473"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}