Author News Desk ReporterPosted on September 22, 2022 | Categories Bank of England News
Bank Rate increased to 2.25% – September 2022
Monetary Policy Summary, September 2022 The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 21 September 2022, the MPC voted to increase Bank Rate by 0.5 percentage points, to 2.25%.