A hold in UK rates, but a dovish set of minutes - 21 June '24

With inflation now at its target, what were the prospects that the Bank of England would cut its base rate? Not much, according to Imogen Bachra and Joann Spadigam, who this week look at both the reasons for a hold, and whether the Monetary Policy Committee is becoming just a bit more dovish. Hint: it is. Away from the UK, they cover elections in France and Germany’s Q3 funding update.  This episode was recorded on 20 June '24. For any terms used please read our glossary. Please view our full disclaimer here.