Image:
The MPC has predicted inflation could drop to target this spring, "before increasing slightly again".
The Bank of England’s (BoE) monetary policy committee (MPC) has again held interest rates at 5.25%.
Today (1 February), six members voted to hold rates at their current level, while two members wanted to increase the Bank rate by 0.25 percentage points to 5.5% and one opted to reduce it by 25bps ...
To continue reading this article...
Join Professional Pensions
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date
