Monetary Policy Committee
3 stories
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financeBank of England Holds Rate at 3.75%, Iran Conflict Clouds Outlook
The Bank of England's Monetary Policy Committee voted unanimously to hold rates, but internal pressure for a hike is mounting as the Iran conflict threatens to push inflation above 6%.
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financeBank of England Flags Public-Sector Pay as Inflation Risk
UK public-sector wages rise 4.8% vs 3% private, widening gap. Governor Bailey warns of inflation pressures ahead of June 18 MPC meeting.
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financeBank of England's Taylor Warns UK Economy Weak, Rates Too Restrictive
BoE's Alan Taylor argues rates are 100 basis points too high, urging aggressive cuts even as supply shocks persist.