News in Review Wednesday 15th May 2024 - HCR IFA
News in Review Wednesday 15th May 2024

News in Review Wednesday 15th May 2024

Last week, during their third meeting of the year, the Bank of England’s (BoE’s) Monetary Policy Committee (MPC) voted to retain Bank Rate at 5.25% by a majority of seven to two. Two members of the committee preferred to reduce the rate by 0.25 percentage points, to 5%.