Wealth and Asset Management
MPC expected to increase Bank Rate to 1.0% in May
In this Perspective Ruth Lea, Economic Adviser to the Arbuthnot Banking Group, discusses the forthcoming May MPC meeting and the latest UK data: It is still widely expected that the MPC will raise the Bank Rate (from 0.75% to 1.0%) at its May meeting (announcement 5 May). However, the minutes…
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