Catherine Mann, a member of the Bank’s rate-setting committee, raised concerns over inflation staying at its 2 target level.
Swati Dhingra, often a dovish dissenter, called for a quarter-point rate cut. "Bank Rate needed to become less restrictive now to enable a smooth and gradual transition in the policy stance, and to ...
BANK OF ENGLAND MONETARY POLICY SUMMARY, SEPTEMBER 2024 The Monetary Policy Committee (MPC) sets monetary policy to meet the ...
British stock indexes dropped on Wednesday as investors reined in bets on interest rate cuts by the Bank of England, while ...