Fri. Oct 4th, 2024

Bank of England Interest Rate Decision May 2024 - My Take

Bank of England Interest Rate Decision May 2024 - My Take

The Bank of England is battling core inflation of 4.2% and faces an economy with next to zero growth over the next few years. UK investors are focused on the policy response of the Bank’s Monetary Policy Committee as it keeps the cost of borrowing high to cool but hopefully not crash the UK economy and get inflation back under control. Hear our summary of what the MPC says and does and what it means for investors and homeowners in the UK.

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DISCLAIMER
All information is given for educational purposes and is not financial advice. Ramin does not provide recommendations and is not responsible for investment actions taken by viewers. Figures that are quoted refer to the past and past performance is not a reliable indicator of future results.

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