No surprises as MPC Votes for ‘Wait-and-See’ - holding interest rates steady buys the Bank time | Northamptonshire Chamber of Commerce
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No surprises as MPC Votes for ‘Wait-and-See’ – holding interest rates steady buys the Bank time - Cambridgeshire Chamber of Commerce
Emeritus Professor Joe Nellis economic adviser at MHA, the accountancy and advisory firm says: The decision by the Monetary Policy Committee to keep interest rates at 3.75% indicates increasing concern that although yesterday’s figures were flat there remain longer term inflationary fears in an environment where the UK economy struggles to gain any real momentum. Against this backdrop, the Bank of England and members of the MPC have, understanda…
No surprises as MPC Votes for ‘Wait-and-See’ - holding interest rates steady buys the Bank time | Northamptonshire Chamber of Commerce
Emeritus Professor Joe Nellis economic adviser at MHA, the accountancy and advisory firm says: The decision by the Monetary Policy Committee to keep interest rates at 3.75% indicates increasing concern that although yesterday’s figures were flat there remain longer term inflationary fears in an environment where the UK economy struggles to gain any real momentum. Against this backdrop, the Bank of England and members of the MPC have, understanda…
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