News in Review Wednesday 12th February 2025 - HCR IFA
News in Review Wednesday 12th February 2025

News in Review Wednesday 12th February 2025

In their latest meeting on 6 February, the Monetary Policy Committee (MPC) voted by a 7 to 2 majority to cut Bank Rate by 0.25 percentage points to 4.5%, in a widely expected move. The two dissenting voices wished to reduce Bank Rate by 0.5 percentage points to 4.25%.