Thursday 7 April 2011

All eyes on May as MPC holds interest rates again at 0.5% | This is Money

All eyes on May as MPC holds interest rates again at 0.5% | This is Money


The monetary policy committee (MPC) was widely expected to hold rates, particularly after weak manufacturing figures yesterday.

While three monetary policy members have previously voted for a hike to rein in above-target inflation, most members have emphasised the need for more evidence on the strength of the economic recovery.

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