DippySkippy asks:
What will be the Bank of England's Bank Rate at close of business on 15 December 2022?
As the UK grapples with inflation like much of the world, the Bank of England increased its benchmark Bank Rate by 0.5% in August 2022, the largest increase since 1997 (CNBC, Guardian). The Monetary Policy Committee (MPC) sets the Bank Rate, and raised it to 1.75% at its August 2022 meeting (Bank of England - Bank Rate, Bank of England - August 2022 MPC Minutes). The MPC is scheduled to meet on 15 September 2022, 3 November 2022, and 15 December 2022 (Bank of England - MPC Schedule).
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The question closed "More than 3.25%" with a closing date of 15 December 2022.
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