All the updated news related to bank’s monetary policy committee

All the news related to bank’s monetary policy committee updated in real time

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Warning over 15% inflation as rates set for fastest rise in nearly 30 years

The Bank of England is widely expected to hike rates by the highest level in nearly three decades on Thursday after experts warned that inflation could peak at 15%. Decision makers on the Bank’s Monetary Policy Committee (MPC) will increase interest ...

03 Aug 2022 at 14:18

City

Bigger interest rate hike expected from Bank of England decision makers

The Bank of England could speed up its reaction to runaway inflation figures next week as key decision makers sit down to set interest rates. Analysts and the market are broadly expecting the Bank’s Monetary Policy Committee (MPC) to add 50 basis ...

29 Jul 2022 at 16:13

Governor Bailey says Bank of England not to blame for runaway inflation

The Governor of the Bank of England has pushed back at comments by a predecessor that the Bank’s actions during the pandemic helped push inflation to 40-year highs. Andrew Bailey instead pointed to a reduction in the UK’s workforce as a much ...

23 May 2022 at 17:00

Bank should ‘lean against’ longer-term inflation, MPC member says

A member of the Bank of England group that sets interest rates has warned that inflation is seeping through to parts of the economy that are normally more stable as she said the Bank should “lean against” long-term inflation. Catherine Mann ...

21 Jan 2022 at 15:55

Bank of England ‘cannot rule out’ further interest rate rises, says decision-maker

The Bank of England cannot rule out more interest rate increases, a member of its decision-making body said on Thursday. Jonathan Haskel told an audience in Washington DC that inflation could be worse, but that the Bank might be forced to ...

25 May 2023 at 18:01

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