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BoE governor Andrew Bailey, who also chairs the MPC, had previously warned the House of Commons' Treasury Select Committee that inflation and energy price risks were 'on the upside'.
The Bank of England’s Monetary Policy Committee (MPC) voted to hold interest rates at 3.75% for the sixth successive meeting today (17 September).
Six MPC members opted to hold rates, with three members (Megan Greene, Catherine Mann and Huw Pill) voting to hike rates by 25bps to 4%. The MPC members said: "There has been little evidence so ...
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