Minutes of the Bank of England’s July meeting have been released today and have revealed that the Monetary Policy Committee (MPC) voted 7-1 earlier this month to keep interest rates at the historic low of 0.5% – where they have been since March 2009.
Again, the usual nine-strong committee comprised of only eight members as [...]
Minutes of the Bank of England’s June meeting have been released today and have revealed that the Monetary Policy Committee (MPC) voted 7-1 earlier this month to keep interest rates at the historic low of 0.5% – where they have been since March 2009.
The usual nine-strong committee comprised of only eight members this month [...]
The Bank of England’s Monetary Policy Committee has published the minutes of its April rate-setting meeting which reveal that the decision to keep the base rate at its historic low of 0.5% was unanimous.
The minutes state: “All members agreed that the events of the past month had not been significant enough to substantially alter their [...]
The Office for National Statistics (ONS) is scheduled to announce the UK inflation rate tomorrow morning, with analysts expecting the annual rate to be around 3.1%.
Last month, the ONS reported Consumer Price Inflation (CPI) rose to a 14-month high of 3.5% in January – a figure that was expected by analysts.
The rise was driven by [...]
Minutes of the Bank of England’s March meeting have been released today and have revealed that the Monetary Policy Committee (MPC) voted unanimously earlier this month to keep interest rates at the historic low of 0.5%.
Furthermore, all nine members of the MPC opted to keep the quantitative easing (QE) on hold.
QE, also known as [...]
Minutes of the Bank of England’s February meeting have been released today and have revealed that the Monetary Policy Committee (MPC) voted unanimously this month to keep interest rates at the historic low of 0.5%.
Furthermore, all nine members of the MPC opted to put the brakes on the quantitative easing (QE) programme.
QE, also known [...]