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Everything you need to know ahead of the Bank of England's June monetary policy committee meeting
The Bank of England will on Thursday announce the decisions made at the June meeting of its Monetary Policy Committee, and it is likely to be a pretty straightforward, uneventful affair. It is widely expected that there won't be any change to the bank's monetary policy, with interest rates set to stay at a record low of 0.25%, and the bank's QE programmes capped at £435 billion, despite the surge in the rate of inflation to the highest level since mid-2013. Falling sterling has pushed up the price of importing goods, passing through to everyday items that regular Brits buy. This is now showing up in official ... (full story)
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