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.

