Bank Base Rate increased by a cautious quarter to 0.75%
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The Monetary Policy Committee (MPC) voted by a majority of 8-1 to increase Bank Rate by 0.25 percentage points, to 0.75%. Only one Dove this time preferred to maintain Bank Rate at 0.5%, but there were no Hawks looking to increase the rate by 0.5%.
View Full Article: Bank Base Rate increased by a cautious quarter to 0.75%
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