the UK MPC raised its policy rate by 25bps to 4.50% today, marking the 12th consecutive rate hike. As has been the case for each of these decisions, votes were again divided: two MPC members, Silvana Tenreyro and Swati Dhingra, opted to vote for leaving rates on hold, ...
A senior policymaker at the Bank of England defied her colleagues to vote to raise interest rates for the first time in over a year, as the Monetary Policy Committee (MPC) left monetary policy untouched. Kristin Forbes voted to raise bank rate by 0.25 per cent. Forbes is an external member...
MERVYN KING'S reputation as a hawk was reinforced yesterday after it emerged that the Deputy Governor of the Bank of England was the only member of the Monetary Policy Committee to vote in favour of a rise in interest rates earlier this month.Harrison, Michael...
(BoE Interest Rate Decision) See Next Bank of England Meeting date here: BoE MPC Meeting Schedule 2020 (BoE meeting Calendar) See time of event in Economic Calendar Month Date Event January 30 BoE interest rate decision March 26 BoE interest rate decision May 7 BoE interest rate decision ...
and have not rocked the boat in the last 3-4 years when things went so badly wrong at the Reserve Bank), and (c) amend the MPC charter etc to (a) require individual MPC members to record votes at each meeting, b) to require those votes to be published, c) to encourage external ...
No Festive Cheer in Store as MPC Votes on Interest Rates; THE Bank of England Must Decide Whether to Play Santa or Scrooge to Homeowners and Business Tomorrow When It Reaches Its Latest Decision on Interest Rates. JANE PADGHAM Looks at What Is on the Monetary Policy Committee's Agenda Ahea...