As decided by the US Federal Reserve, the Bank of England Monetary Policy Committee, (MPC) at its meeting ending on 20 March 2024, voted by a majority of 8–1 to maintain Bank Rate at 5.25%.
BOE monetary policy committee members must now judge ... the stronger news on domestic price pressures means the Bank of England will probably continue to cut interest rates only gradually ...
The Bank of England has cut interest rates from 4.75% to 4.5% - the lowest base rate since June 2023 The Bank's Monetary Policy Committee voted 7-2 in favour of the cut - those two members ...
Bank of England interest rate-setter Catherine Mann said companies will struggle to raise prices this year as consumers are ...
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