Day: February 19, 2025

Monetary Policy Report

The Monetary Policy Committee (MPC) February 2025 Report outlines the committee’s decision to reduce the Bank Rate by 0.25 percentage points to 4.5%, with two members advocating for a 0.5 percentage point reduction. The MPC’s primary goal is to achieve the 2% inflation target while supporting economic growth and employment. Significant progress in reducing inflation […]

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