Jun

5 to 3 the Doves have it – MPC holds interest rate at 0.25%

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The Bank of England’s Monetary Policy Committee (MPC) have voted 5 to 3 to hold the Bank of England base rate at 0.25%. This victory by the Doves over the Hawks was closer than expected even with inflation reaching a recent high of 2.9%. Current levels of inflation were not perceived by many to be… Read more

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