Pantheon Macroeconomics - The MPC's decision yesterday was a "dovish hold", designed to keep market interest rates at current stimulative levels and to preserve the option of cutting Bank Rate swiftly and without surprise, if the economy fails to rebound in Q1.

U.K. | 31 Jan 2020 Lower Potential Growth Estimates Point to Further Passivity on the MPC
The MPC's decision yesterday was a "dovish hold", designed to keep market interest rates at current stimulative levels and to preserve the option of cutting Bank Rate swiftly and without surprise, if the economy fails to rebound in Q1.

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31 Jan 2020 Lower Potential Growth Estimates Point to Further Passivity on the MPC

By Samuel Tombs

The MPC's decision yesterday was a "dovish hold", designed to keep market interest rates at current stimulative levels and to preserve the option of cutting Bank Rate swiftly and without surprise, if the economy fails to rebound in Q1.

Posted: 30th Jan 2020 in 'U.K.'

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