On September 30, the Monetary Policy Committee (MPC) increased interest rates by 50 basis points, as anticipated, to 5.90% while maintaining its FY23 inflation prediction of 6.7 percent.
On September 30, the Monetary Policy Committee (MPC) increased interest rates by 50 basis points, as anticipated, to 5.90% while maintaining its FY23 inflation prediction of 6.7 percent.