BusinessBBC NewsA2
Interest rates hold expected but Bank of England facing tough choices
The Bank of England is not changing interest rates now. Some people think they will change them later. They are watching inflation. Inflation means prices go up. Some experts think prices will go up more. If this happens, the Bank might change interest rates before the year ends.
The Bank of England has a hard job. They need to decide what to do about interest rates. They want to help the economy. But they also want to stop prices from going up too much. It is not easy to choose the best action. They must think carefully about the future.
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