Bank of England meeting —
At its 22 March 2023 meeting, the Bank of England raised its policy rate from 3.00% to 4.00%. The decision passed 7-2. <UNKNOWN> dissented, preferring a hold.
Decision
hike — 3.00% to 4.00%
Vote: 7-2
Dissenters
- <UNKNOWN> — preferred hold
Key passages
At its meeting ending on 22 March 2023, the MPC voted by a majority of 7–2 to increase Bank Rate by 0.25 percentage points, to 4.25%.
Two members preferred to maintain Bank Rate at 4%.
Meeting documents
Background reading
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