• BoE holds rates steady at 5% by hawkish 8-1 vote

    Source: Buzz FX / 19 Sep 2024 09:21:10   America/New_York


    BoE opted to keep the Bank Rate unchanged at 5.00%, as expected, with an 8-1 vote. Swati Dhingra, a known dove, was the only member voting for a 25bps rate cut. Deputy Governor Dave Ramsden, who has consistently supported cuts since May, ch
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