BOE Holds Rates Steady. Why It Isn’t Following the Fed.
1. The BOE held its interest rate steady at 4%. 2. Seven of nine committee members voted to maintain rates. 3. BOE plans to trim gilt holdings by £70 billion over next year. 4. Inflation rate stands at 3.8%, above BOE's target. 5. FTSE 100 shows growth, up 13% in 2025.