that the U.K.’s central bank had made the right decision sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its last meeting,The Committee voted unanimously to maintain the stock of sterling non financial investment grade corporate bond purchases, With the recent rise strengthening of the sterling inflation will most likely slow down in the near term. Growth has also been a cause for concern and the impending brexit will also a major issue. The BoE may not be thinking of a rate hike at this moment.

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