21 June 2024 UK Monitor The MPC is itching to cut, so two rate reductions this year are likely
19th Jun 2024 14:26UKDaily Monitor
- The MPC voted seven-to-two to keep interest rates on hold, as expected.
- The minutes of the meeting give the strong impression that the MPC is itching to cut rates.
- We stick to our call that the MPC will wait until September, but August is very much live.
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