Finance ❯Monetary Policy ❯Interest Rates
Rate Cuts Inflation Interest Rate Cuts Economic Indicators Economic Forecasts Inflation Control Economic Impact Andrew Bailey Monetary Policy Committee Economic Outlook MPC Decisions Rate Decisions Decision Making Economic Forecasting Economic Decisions Inflation Impact Economic Predictions Interest Rate Decision Rate Cut Credit Squeeze UK Interest Rate Decisions Economic Announcements UK Interest Rates Base Rate Decisions Forecasting Current Decisions COVID-19 Impact Inflation Targets Current Interest Rate Quantitative Tightening Governor's Statements Rate Hikes Borrowing Costs Shadow Monetary Policy Committee MPC Central Banks MPC Meetings Catherine Mann Current Rate Decisions
Andrew Bailey cited a cooling labour market, stubborn inflation, rising employer national insurance contributions as reasons for pausing at 4.25% ahead of the August meeting.