key-interest-rate - Latest News on key-interest-rate | Read Breaking News on Zee News

Bank of England sits tight over rate, stimulus

Last Updated: Thursday, January 09, 2014, 23:22

The Bank of England voted on Thursday to hold its key interest rate at a record-low 0.50 percent and maintain the level of stimulus pumping around a slowly-recovering British economy.

Interest rate cut would depend on inflation: Chakrabarty

Last Updated: Thursday, November 15, 2012, 18:33

Indicating that the reduction in key interest rate would depend upon price situation, RBI Deputy Governor K C Chakrabarty on Thursday said its comfort level for inflation is 4-5 percent.