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Tuesday, October 20, 2026
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Central bank holds interest rates for fourth straight meeting

Policymakers signalled cuts could come later this year if inflation keeps easing.

By Priya Shah

· 1 min read

The central bank kept its benchmark rate unchanged on Wednesday, in line with economists’ expectations.

We are seeing encouraging signs, but the job is not yet done.

Mortgage lenders said the decision would bring some stability for homeowners coming to the end of fixed-rate deals.

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About the reporter

Priya Shah

Business correspondent tracking jobs, housing and the regional economy.

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