The Bank of England (BoE) has decided to maintain the interest rate at 5.25% despite inflation reaching its target rate of 2%. This decision was made by a 7–2 majority at the Monetary Policy Committee (MPC) meeting that ended on June 19, 2024. Two members of the committee
The Bank of England (BoE) has decided to maintain the interest rate at 5.25% despite inflation reaching its target rate of 2%. This decision was made by a 7–2 majority at the Monetary Policy Committee (MPC) meeting that ended on June 19, 2024. Two members of the committee