BoE policy meeting: Don’t expect fireworks – Preview
Posted on March 19, 2024 at 11:02 am GMTBank of England to retain the same policy stance Q2 data could be more valuable for next decision making What happened last time In its February policy meeting, the Bank of England (BoE) emulated the Federal Reserve by exploring rate cuts, ultimately deciding to maintain interest rates at 5.25%, their highest level in 16 years, with a 6-3 majority vote. Two policymakers voted for a rate hike but surprisingly, one policymaker raised his hand for a quarter-percentage point rate [..]