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View Full Version : MPC Decision - Rates Increased To 3% But Rate Of Future Rises May Be Slower



NewsBot
03-Nov-22, 23:50
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:

MPC Decision - Rates Increased To 3% But Rate Of Future Rises May Be Slower




0.75% increase, taking rates to 3%, biggest single increase since 1989 Inflation is expected to remain at around 11% in Q4, slightly lower than previously expected, before falling back in 2023. Treasury and Bank of England look increasingly joined up. [Read Full Article (https://caithness-business.co.uk/article/18234)]