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Base Rate stays at 0.5%, but rises may come sooner than forecast

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The Monetary Policy Committee (MPC) voted unanimously to keep the Bank of England Base Rate at its current level of 5%.

However, the sting in the tail is that excess demand is predicted to exacerbate the ongoing cost lead inflation levels of 3%.

The post Base Rate stays at 0.5%, but rises may come sooner than forecast appeared first on Property118.

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