00:00 For the fifth time in a row, Bank Inglaterra has proven its interest rates at the highest level since 2008, which is 5.25%.
00:12 It proved it for the fifth time in a row after it raised it 14 times since 2022.
00:19 But the striking point in this meeting is that there is no voice for the first time in this round for the benefit of raising interest rates.
00:27 There were 8 votes to confirm the interest rates and 1 vote to lower the interest rates.
00:34 The Bank pointed to a decrease in interest rates if the inflation rate was below expectations.
00:42 The estimates indicate a 5.25% decrease this year, then a 50% decrease at the beginning of 2025.
00:52 This decision was made after the inflation slowed down faster than expected and less than expected at 3.4% compared to 3.5% of 4% in January.
01:06 The Bank expects to return to the target area at 2% in the second quarter, then to return to the third and fourth quarters.
01:15 The Federal Reserve also confirmed yesterday that interest rates are at 5.5%, and expects three decreases in interest rates in the coming year.
