Bank of England holds rates at 5.25% in final pre-general election decision

Move comes despite return to CPI target

Cristian Angeloni
clock • 3 min read
Bank of England
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Bank of England

The Bank of England’s (BoE) Monetary Policy Committee (MPC) has opted to hold rates at 5.25% for the seventh time in a row today (20 June).

Two MPC members, Dave Ramsden and Swati Dhingra, voted again for a 25 basis points cut to 5%, against a majority of seven, who opted to hold rates. The move follows positive inflation data for M...

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