Bank Of England: Bank Rate Increased To 0.5% - February 2022: Monetary Policy Summary And Minutes Of The Monetary Policy Committee Meeting
<p><span>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 2 February 2022, the MPC voted by a majority of 5-4 to increase Bank Rate by 0.25 percentage points, to 0.5%. </span></p>