MPC members narrowly vote to hold rates at five votes to four
MPC committee votes seven to two to hold interest rates due to 'sticky' inflation
Lowest level in two and a half years
Markets had been forecasting a 25bps cut this month given April's NIC rise
This was the first MPC meeting of the year
Up to two cuts expected before year-end
Remains at the BoE’s target level
Investors expect good returns from real assets this year, especially in real estate equity and infrastructure, according to Aviva Investors’ Real Assets Study 2024.