Bank Of England: Bank Rate Increased To 1% - May 2022 - Monetary Policy Summary And Minutes Of The Monetary Policy Committee Meeting
<h2>Monetary Policy Summary, May 2022</h2> <p>The 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 4 May 2022, the MPC voted by a majority of 6-3 to increase Bank Rate by 0.25 percentage points, to 1%. Those members in the minority preferred to increase Bank Rate by 0.5 percentage points, to 1.25%.</p>
Source: mondovisione.com
