Bank of England Votes 8-1 to Hold Rates as Doves Turn Cautious
The Monetary Policy Committee voted 8 to 1 in favor of leaving the benchmark policy rate at 4.5% with more policymakers favouring a cautious approach than had been expected by economists. It put support for an immediate reduction at the lowest in six months.
MPC to withdraw gradually some degree of policy restraint, while maintaining Bank Rate in restrictive territory so as to ...
The Pound Sterling falls slightly against its major peers after the release of the UK labor market data for three months ...
The Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain ...
“Keeping the base rate on hold at 4.5% will deliver some respite for savers who have seen average savings rates fall steadily ...
The Bank of England is set to keep U.K. interest rates unchanged even though the economy is barely growing and set for ...
While stability on interest rates is not necessarily a bad thing, rates remaining high keeps the pressure firmly on those ...
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