The Bank of England’s Monetary Policy Committee (MPC) has decided to hold interest rates at 3.75% for the fourth successive time today (18 June) amid a mixed economic backdrop.
Seven MPC members opted to hold rates, with two members (Megan Greene and Huw Pill) voting to hike rates by 25bps to 4%. MPC members said that "the impact of the energy shock on the UK economy r...
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