Skip to main content

BoE opens door to May rate hike

MPC votes to keep current policy stance, but notes more positive inflation outlook

Mark Carney
Mark Carney: BoE will not “tie its hands” on rates
Bank of England

The Bank of England forecasts inflation is likely to return back to the 2% target sooner rather than later, as policymakers hint interest rates could rise as soon as May.

Today (February 8), the BoE’s monetary policy committee voted unanimously to leave interest rates on hold at 0.5%, as well as to maintain the stock of corporate and government bond purchases at £10 billion ($14 billion) and £435 billion, respectively.

However, a more favourable outlook for inflation and growth thanks to an

Solo los usuarios que tengan una suscripción de pago o formen parte de una suscripción corporativa pueden imprimir o copiar contenido.

Para acceder a estas opciones, junto con todas las demás ventajas de la suscripción, póngase en contacto con info@centralbanking.com o consulte nuestras opciones de suscripción aquí: subscriptions.centralbanking.com/subscribe

Actualmente no puede copiar este contenido. Póngase en contacto con info@centralbanking.com para obtener más información.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Regístrese en Central Banking

Todos los campos son obligatorios, salvo que se indique lo contrario.

Mostrar contraseña
Ocultar contraseña

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Iniciar sesión
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.