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Bank Of England: Bank Rate Increased To 4% - February 2023 - Monetary Policy Summary And Minutes Of The Monetary Policy Committee Meeting

<h2>Monetary Policy Summary, February 2023</h2>
<p>The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 1 February 2023, the MPC voted by a majority of 7–2 to increase Bank Rate by 0.5 percentage points, to 4%. Two members preferred to maintain Bank Rate at 3.5%.</p>
United States United Kingdom Clare Lombardelli Ben Broadbent Jonathan Haskel David Roberts

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