FX & CFD trading involves significant risk
The Bank of England's Monetary Policy Committee again split four ways at its March meeting, with one member voting to extend quantitative easing, six voting for unchanged policy, two for a 25 basis point rate hike and one for a 50 bps increase. The minutes of the Mar meeting showed that while the vote on the MPC was unchanged from Feb, the committee was wrestling with the new shocks of a sharp rise in oil price and developments in the Middle East and North Africa. The minutes said some MPC members believed the case for a rise in Bank Rate had risen.
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.