Bank of England pour doubts over major interest rate cut
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%.
Bank of England interest rate-setter Catherine Mann said companies will struggle to raise prices this year as consumers are ...
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 ...
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