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2023-12-14 23:04:01

SHADO Operative on Nostr: UK's Central Bank, the Bank of England; Holds rates at 5.25%... Says Policy will ...

UK's Central Bank, the Bank of England;
Holds rates at 5.25%...
Says Policy will remain "restrictive" which means early rate cuts in 2024 are likely off the table...
Six Commitee members voted to hold rates...
BUT Three out of nine Commitee members voted to increase rates to 5.5%...(!)
https://www.bankofengland.co.uk/monetary-policy-summary-and-minutes/2023/december-2023
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