The Bank of England’s Monetary Policy Committee, at its meeting ending on May 8, voted by a majority of 7-2 to maintain Bank Rate at 5.25%. Two members preferred to reduce Bank Rate by 0.25 percentage points, to 5%.
The Bank of England’s Monetary Policy Committee, at its meeting ending on May 8, voted by a majority of 7-2 to maintain Bank Rate at 5.25%. Two members preferred to reduce Bank Rate by 0.25 percentage points, to 5%.