News in Review Wednesday 20th December 2023 - HCR IFA
News in Review Wednesday 20th December 2023

News in Review Wednesday 20th December 2023

Last week, during their final meeting of 2023, the Bank of England’s (BoE’s) Monetary Policy Committee (MPC) voted by a six to three majority to retain Bank Rate at 5.25%, with the minority voting to raise the rate by 0.25%. This outcome was widely predicted, with all but one of 68 economists in a recent poll expecting the BoE to hold Bank Rate.