Last week the Bank of England announced it would postpone its September Monetary Policy Committee meeting.
- I was to be today, 15 September 2022.
- Its been pushed back to September 22 due to the observance of a mourning period following the death of Queen Elizabeth II.
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The BoE is widely expected to hike rates by 50bp at this meeting, but +75bp is in the mix.
The current Bank Rate is 1.75%