US EditionShadow Monetary Policy Committee votes eight to one to cut bank rate - London Business News
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Shadow Monetary Policy Committee votes eight to one to cut bank rate - London Business News
The Shadow Monetary Policy Committee (SMPC), in its second quarterly hybrid meeting of 2025, voted to reduce the Bank rate from 4.5% to 4%. Eight members voted in favour of… The post Shadow Monetary Policy Committee votes eight to one to cut bank rate appeared first on London Business News
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london-tv.co.ukShadow Monetary Policy Committee votes eight to one to cut bank rate
The Shadow Monetary Policy Committee (SMPC), in its second quarterly hybrid meeting of 2025, voted to reduce the Bank rate from 4.5% to 4%. Eight members voted in favour of a cut and one for a hold. The member who voted for a hold expressed concerns about the potential risks of cutting rates with money supply growth nearing its desired annual rate. His stance was also influenced by the prevailing uncertainty, as he wanted the option to cut rates…
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