2022-2023 Inflation Crisis

Bank of England holds interest rate at 15-year high of 5.25%

The Bank of England has held interest rates for the second meeting in a row. Members on the nine-strong monetary policy committee voted 6-3 in favour of leaving the base rate at 5.25%. Hawkish Bank will not bend until inflation is vanquished.
TL;DR (Meta-Llama-3.1-8B + RAG)



related actors

Most cited actors.
  1. Andrew Bailey
  2. Rishi Sunak
  3. Mehreen Khan

related organizations

Most cited organizations.
  1. Bank of England
  2. Monetary Policy Committee
  3. Multi-Party Charter

related technical

Most cited technical terms.
  1. Threadneedle Street
  2. Hawkish Bank

sources

Most cited sources.
  1. The Times
  2. The Times of India
  3. The Guardian