---
title: "The Bank of England holds rates at 5.25pc"
publisher: "Share Talk"
author: "sharetalk"
published: "2023-12-14T12:17:08+00:00"
modified: "2023-12-14T12:28:38+00:00"
date: 2023-12-14
canonical: "https://www.share-talk.com/the-bank-of-england-holds-rates-at-5-25pc/"
category: "B2B"
categories: ["B2B", "Blogs", "Business & Support Services", "Technology", "Technology, Media & Telecoms"]
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---

# The Bank of England holds rates at 5.25pc

**Published:** December 14, 2023
**Author:** sharetalk
**Categories:** B2B, Blogs, Business & Support Services, Technology, Technology, Media & Telecoms
**Tags:** BANK, Bank of England, banking, BARC, Barclays, Benchmark, BoE, buyback, Chancellor, childcare, CME Group, consumers, Coverage, CS Venkatakrishnan, domestic, ECB, energy bill, England, European Central Bank, FCA, Fed, Federal Deposit Insurance Corporation, Federal Open Market Committee, Federal Reserve, FOMC, FREE, FTSE 100, FTSE 250, FTSE100, futures, Goldman Sachs, household, HSBC, HSBC Holdings, Inflation, investors, Jeremy Hunt, Legal & General, lending, Lloyds Banking Group, London, midcap index, NatWest Group, Ofgem, pandemic, price cap, Prime Minister, program, Prudential, Qatar, Regulators, Rishi Sunak, SEC, Serious Fraud Office, share, Share Talk, ShareHolders, silicon valley, Silicon Valley Bank, SIVB, SVB, The Bank of England, Threadneedle Street, Traders, Treasury, UK, Underground, US Federal Reserve, US interest rates, USA, Wall Street
**Featured image:** ![](https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Bank-of-England-20_11_23.jpg?fit=1200%2C800&quality=89&ssl=1)

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The Bank of England has maintained its interest rates, echoing a recent move by the US Federal Reserve.

The Monetary Policy Committee announced at midday that the base rate would stay at its 15-year peak of 5.25%, unchanged since August.

Over the past two years, the Bank of England, located on Threadneedle Street, has increased rates 14 times in a bid to combat rising inflation.

https://twitter.com/Share_Talk/status/1735270834904645905

Following indications from the Fed of a more relaxed policy approach next year, market expectations are now leaning towards a reduction of one percentage point or more in the Bank’s rate in 2024.

The Treasury has issued a statement following the Bank of England’s choice to maintain the base interest rate at 5.25%:

“Our efforts against inflation are showing results, with a noticeable improvement and an increase in real wages. However, our focus remains on eliminating inflation from the economy to achieve our goal of a 2% inflation rate.

Through tax reductions for diligent individuals and businesses, along with initiatives to facilitate employment, we are on track to provide an unprecedented uplift to the potential GDP.”

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