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With another interest rate decision due shortly, what are the sort of factors which will be taken into account by the Bank of England?

April 26, 2017account Bank decision England factors Interest rate shortly sort

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With another interest rate decision due shortly, what are the sort of factors which will be taken into account by the Bank of England?

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The Monetary Policy Committee (MPC) is tasked with setting interest rates and needs to gauge the current state of the economy in its deliberations. As ever, this month is no different, with a number of factors working against each other – the general market view at present is that rates will be left unchanged at the current level of 5.75%.