In an 8-1 vote, the Bank of England’s (BoE) Monetary Policy Committee decided to keep interest rates steady at 5%, despite ongoing speculation about possible rate cuts in the near future. Only one member of the committee pushed for a slight reduction. This decision reflects the BoE’s cautious approach, as it closely tracks economic indicators such as inflation, wage growth, and broade... https://www.monedacapitalgroup.com/