BoE holds rates at 4.50%, Dhingra lone dissenter for a cut

BoE left the benchmark Bank Rate unchanged at 4.50%, in line with market expectations. Known dove Swati Dhingra once again dissenting, and voted in favor of a 25bps rate cut. However, Catherine Mann, who had previously voted for a 50bps cut, switched her stance and supported keeping rates on hold. The accompanying statement emphasized a […]

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