UK homeowners hope Bank of England avoids another rate hike after inflation falls

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UK homeowners hope Bank of England avoids another rate hike after inflation falls
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Homeowners across the U.K. are hoping that the Bank of England will decide to avoid raising interest rates for the first time in nearly two years.

Following news that inflation fell unexpectedly in August to its lowest level since Russia invaded Ukraine, expectations have grown that the central bank will opt Thursday, Sept. 21, 2023, to keep its main interest rate unchanged.

man walks past the Bank of England, at the financial district in London, on May 11, 2023. Following news that inflation fell unexpectedly in August to its lowest level since Russia invaded Ukraine, expectations have grown that the central bank will opt Thursday, Sept. 21, 2023, to keep its main interest rate unchanged.

man walks past the Bank of England, at the financial district in London, on May 11, 2023. Following news that inflation fell unexpectedly in August to its lowest level since Russia invaded Ukraine, expectations have grown that the central bank will opt Thursday, Sept. 21, 2023, to keep its main interest rate unchanged.

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