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MPC expected to increase Bank Rate to 1.0% in May despite recessionary concerns over tighter policy

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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 of the March…

The post MPC expected to increase Bank Rate to 1.0% in May despite recessionary concerns over tighter policy appeared first on London Business News | Londonlovesbusiness.com.

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