Discover and read the best of Twitter Threads about #monetarypolicyreport

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The Monetary Policy Committee voted by a majority of 8-1 to increase #BankRate to 1.75%. Find out more in our #MonetaryPolicyReport: b-o-e.uk/MPR-Aug-2022
Inflation is over 9%. We expect it to rise further this year to around 13%, due to higher energy bills. b-o-e.uk/MPR-Aug-2022 #MonetaryPolicyReport #Inflation
We know the cost of living squeeze is difficult for many people. The squeeze on households’ incomes due to the rise in energy prices has led to slower growth in the UK economy. We expect the size of the UK economy to fall over the coming year. b-o-e.uk/MPR-Aug-2022
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The Monetary Policy Committee voted by a majority of 5-4 to increase #BankRate to 0.5% and voted unanimously to begin to reduce the amount of quantitative easing. Find out more in our #MonetaryPolicyReport: b-o-e.uk/MPR-Feb-2022
Inflation is above our 2% target. We expect it to rise to around 7% in the spring, but then fall back and be close to our 2% target in around two years’ time. b-o-e.uk/MPR-Feb-2022 #MonetaryPolicyReport #Inflation
The UK economy continues to recover. We expect the UK economy to grow over the next few years. b-o-e.uk/MPR-Feb-2022 #MonetaryPolicyReport
Read 4 tweets

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