UK rates left on hold

[Brendan]

Ammid concerns of a recession, the UK monetary commission decided to leave rates on hold..

BBC NEWS | Business | Bank holds interest rates at 5%

I wonder if this is good news or bad news? Inflation is growing at 3.3%.. and Interest rates at 5%.. I wonder is this is a good tactic to curb a recession..

[aapkae]

Ammid concerns of a recession, the UK monetary commission decided to leave rates on hold..