The Bank of England (BoE) raised rates by 25 basis points at today’s Monetary Policy Committee (MPC) meeting, retaining its commitment for further gradual and limited increases. Bethany Payne, Portfolio Manager, Global Bonds, shares her thoughts on the outcome of the meeting. 

The Bank of England (BoE) kept the Bank Rate steady at 0.5% at today’s Monetary Policy Committee (MPC) meeting but surprised the markets by adopting a more hawkish stance. Bethany Payne, Portfolio Manager, Global Bonds, explains what changed and the implications of the decision.

The Bank of England left its benchmark Bank Rate at 0.5% today as widely anticipated, while only a month ago, markets were positioning for a hike. Thomas O’Mahony, Portfolio Manager, explains what changed and where next for rates in the UK.

The Bank of England left its benchmark Bank Rate at 0.5% today but accompanied it with a hawkish message. Mitul Patel, Head of Interest Rates at Janus Henderson, shares his views on the next steps for the central bank and the market’s expectations of policy direction in the UK.

As expected, at its latest meeting on Thursday 25 January, the European Central Bank (ECB) kept rates unchanged and stated its intention to keep quantitative easing running till the end of September 2018 or beyond.