BoE stands pat, three hawks vote for another hike

BoE kept Bank Rate unchanged at 5.25%, aligning with market expectations. The decision was not unanimous, with a 6-3 vote where Megan Greene, Jonathan Haskel, and Catherine Mann favored a 25 bps hike to 5.50%. This split decision reflects that the hawks remained persistent in their push more tighter monetary policy. The central bank reiterated […]

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