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PGIM Fixed Income

2023 Top 500 ranking: 29

The BoE’s “Table Mountain” Approach Sees Rates Highest for Longest

Bank of England

The Bank of England kept its Bank Rate on hold at 5.25% on September 21, 2023. The UK’s economic backdrop is weak, so we believe that the BoE will keep interest rates at this level for the near future.

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