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As of January 2008, Mervyn King, the Bank of England's then Governor, was the only MPC member to have taken part in every meeting since 1997. [34] As a result, after the MPC meeting in July 2013, the first after King retired, no single member had attended every meeting.
The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday, even though inflation remains above its target. Most economists think the nine-member ...
The Bank of England’s nine-member Monetary Policy Committee kept its main interest rate unchanged at 4.75% with new data showing inflation rising to 2.6%, further above the bank's 2% target.
Most economists anticipate that interest rates will rise from 3.5% to 4% at the Monetary Policy Committee meeting on Thursday. ... The Bank of England is expected to push interest rates higher on ...
The Financial Policy Committee (FPC) is an official committee of the Bank of England, modelled on the already well established Monetary Policy Committee. It was announced in 2010 as a new body responsible for monitoring the economy of the United Kingdom. [1]
Sterling dipped against the dollar and euro on Thursday as some investors braced for a larger-than-expected increase in the Bank of England's quantitative easing programme to combat the economic ...
A Perspective View of the Bank of England (published 1756): the bank initially occupied a narrow site behind the front on Threadneedle Street. The Bank of England moved to its current location, on the site of Sir John Houblon's house and garden in Threadneedle Street (close by the church of St Christopher le Stocks), in 1734. [52]
Former Bank of England deputy governor Sir Charlie Bean said policymakers may need to raise rates by as much as 1% before its November meeting.