Category: Bank of England

Monetary Policy Committee meeting, Bank of England 22/9/2022 Monetary Policy Committee meeting, Bank of England. 22nd September 2022 Bank Rate increased by a further 0.5%.      Although there was a slowdown in the rate of increase of consumer pirces in August, the Bank of England’s Monetary Policy Committee voted to increase the Bank Rate by … Continue reading BofE Monetary Policy Committee 22/9/2022

Monetary Policy Committee meeting, Bank of England 4/8/2022   Monetary Policy Committee meeting, Bank of England, 4th August 2022 Sixth increase in the Bank Rate – this time by 0.5%      The 0.5% increase in the Bank Rate announced by the Bank of England’s Monetary Policy Committee of the Bank of England was widely anticipated. … Continue reading BofE Monetary Policy Committee 4/8/2022

Monetary Policy Committee meeting, Bank of England 24/6/2021 Monetary Policy Committee meeting, Bank of England. 24th June 2021 No interest rate rises yet and asset purchases continue.    The Bank of England’s Monetary Policy Committee voted unanimously to keep interest rates at 0.1%, but once again, there was one dissenting voice in the vote to continue … Continue reading BofE Monetary Policy Committee 24/6/2022

Monetary Policy Committee meeting, Bank of England 16/06/2022 Monetary Policy Committee meeting, Bank of England, 16th June 2022 Fifth increase in the Bank Rate      On 16th June, only a day after the US Federal Reserve raised the Fed Funds Rate by 0.75%, the Monetary Policy Committee of the Bank of England voted by 6 … Continue reading BofE Monetary Policy Committee 16/06/2022

Monetary Policy Committee meeting, Bank of England 5/5/2022 Monetary Policy Committee meeting, Bank of England, 5th May 2022 Fourth increase in the Bank Rate      On 5th May, the Monetary Policy Committee of the Bank of England voted by 6 to 3 to raise the Bank Rate by a further 0.25% to 1%. This was … Continue reading BofE Monetary Policy Committee 5/5/2022

Monetary Policy Committee meeting, Bank of England 17/3/2022 Monetary Policy Committee meeting, Bank of England, 17th March 2022 Bank of England raises bank rates for the third time in a row      On 17th March, the Monetary Policy Committee of the Bank of England voted by 8 to 1 to raise the Bank Rate by … Continue reading BofE Monetary Policy Committee 17/3/2022

Monetary Policy Committee meeting, Bank of England 16/12/2021 Monetary Policy Committee meeting, Bank of England, 16th December 2021. Bank of England raises base rates    After raising expectations of that it would tighten monetary policy at its November 4th meeting but then doing nothing, the Bank of England’s Monetary Policy Committee finally voted by 8 to … Continue reading BofE Monetary Policy Committee 16/12/2021

Monetary Policy Committee meeting, Bank of England 4/11/2021 Monetary Policy Committee meeting, Bank of England, 4th November 2021 Bank of England surprises markets by doing nothing.    On 17th October, Andrew Bailey, the Governor of the Bank of England, stated that in response to the recent surge in energy prices the bank “will have to act … Continue reading BofE Monetary Policy Committee 4/11/2021

Monetary Policy Committee meeting, Bank of England 23/9/2021 Monetary Policy Committee meeting, Bank of England, 23rd September 2021 Still no date for tapering of bond purchases in spite of rising inflation. The latest meeting of the Bank of England’s Monetary Policy Committee saw a unanimous vote to maintain interest rates at the record low of … Continue reading BofE Monetary Policy Committee 23/9/2021