Tag Archives: monetary policy

Bank of England holds interest rates at 3.75% amid inflationary pressure

The Bank of England decided to keep its main policy rate at 3.75%. The decision maintains the current monetary policy stance at a time when inflation continues to weigh on the British central bank’s decisions.

Uncertainty surrounding energy prices, linked to the situation in the Middle East, was also taken into account. This context makes it more difficult to anticipate cost developments and calls for caution in setting the future course of interest rates.

Holding the rate will be relevant to households, businesses and financial markets in the United Kingdom. Future decisions will depend on the path of inflation and on how external risks affect the British economy.

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Bank Offers Lower Interest Rates on Deposits than BC Cut

Bank Offers Lower Interest Rates on Deposits than BC Cut

Data from Jornal Económico indicate that the interest rates offered by Portuguese banks for term deposits are decreasing faster than the ECB’s rate cuts.

On average, the one-year remuneration was **1.605%**, compared to a Euribor of 2.525% in January.

This divergence affects the attractiveness of term deposits and leads depositors to reconsider investment alternatives, reflecting the tension between banks and the ECB in monetary policy.