At a peak? Bank of England makes 5-to-4 vote to pause interest rates

The Bank of England decision promised to be a cliff hanger, and it was, even for the nine people deciding what to do.

Breaking a string of 14 consecutive rate rises, the Bank of England opted to hold rates at 5.25%.

It was a narrow 5-4 vote in favor of the pause, with Gov. Andrew Bailey on the side of the majority.

The…