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CityAM Shadow MPC

  • Bank of England should hold interest rates, CityAM Shadow MPC says

    Economics

    The Bank of England should hold interest rates as inflation could stay above three per cent for several months, top economists have said. CityAM’s Shadow Monetary Policy Committee, a group of leading economists who have provided responses independently of their respective organisations, said interest rates should be kept at 3.75 per cent.  Economists warned [...]

    Bailey Boe in professional attire speaking at a business conference with a presentation screen in the background.
  • Twilight zone: Markets await ‘highly uncertain’ interest rates decision

    Economics

    City analysts are eagerly anticipating a “highly uncertain” Bank of England decision on interest rates that could swing prices in either direction.  The Bank’s Monetary Policy Committee is widely expected to hold interest rates at its upcoming decision at 12pm on Thursday, though analysts have warned that a vote split and hawkish messaging around the [...]

    The Bank of England held interest rates.
  • ‘Stuff of nightmares’: Hold interest rates, CityAM Shadow MPC says

    Economics

    Interest rates should be left unchanged in April but the future path of monetary policy could be unclear, CityAM’s Shadow Monetary Policy Committee has suggested.  A group of City economists and academics has called for interest rates to be left at 3.75 per cent on Thursday, citing the risk of higher inflation due to [...]

    Bailey Boe presenting at a business conference, standing behind a podium with a confident expression, wearing formal attire
  • Bank of England ‘should wait’ before cutting interest rates, CityAM Shadow MPC says

    March 17, 2026

    The Bank of England should “wait and see” how long the war in Iran goes on for before cutting interest rates again, leading economists on CityAM’s Shadow Monetary Policy Committee have said.  The crisis in the Middle East has pushed up energy prices and heightened fears that the UK economy is heading for a [...]

  • Bank of England should hold interest rates, CityAM Shadow MPC says

    February 3, 2026

    The Bank of England should hold interest rates to get inflation back down to two per cent, CityAM’s Shadow Monetary Policy Committee has said, as policymakers find insufficient evidence to lower borrowing costs.  The nine economists, who responded independently from their respective organisations, said recent data on price growth should be treated cautiously by [...]

  • Cut interest rates, CityAM Shadow MPC tells Bank of England

    December 17, 2025

    The Bank of England should cut interest rates by 25 basis points when it meets tomorrow, CityAM’s Shadow Monetary Policy Committee has said in a three-way split decision.  In the face of the dual problems of high inflation and a continued jobs market decline, the majority of experts on CityAM’s nine-strong Shadow MPC [...]

  • Cut interest rates by 25 basis points, Shadow MPC says

    November 5, 2025

    Top economists on CityAM’s Shadow Monetary Policy Committee (MPC) have called for interest rates to be cut to 3.75 per cent in a narrow 5-4 vote. Economists from academia, business and City giants have said that the UK’s weakening demand and easing price pressures suggested the Bank of England should look to cut interest [...]

  • Interest rates could fall to three per cent – CityAM Shadow MPC 

    September 18, 2025

    Interest rates could fall as low as three per cent, according to a group of economists in CityAM‘s Shadow Monetary Policy Committee (MPC), but a rocky year for the UK economy could keep borrowing costs high.  The Bank of England voted to hold interest rates on Thursday at four per cent due to sticky [...]

  • CityAM Shadow MPC votes 8-1 to HOLD interest rates

    September 16, 2025

    Leading economists from academia and the City have voted 8-1 for interest rates to be held at four per cent in CityAM’s Shadow Monetary Policy Committee (MPC) ahead of the Bank of England’s own decision this week.  Top analysts, who expressed views independently of their organisations, have said that stubborn inflation above the Bank [...]

  • Business investment falls as alarm bells rung on low productivity

    August 14, 2025

    Business investment fell by four per cent in the second quarter of the year despite moderate growth of 0.3 per cent, official data has shown, as top economists are ringing alarm bells on low productivity levels across the UK economy.  The Office for National Statistics (ONS) said there was a dramatic fall in investment compared [...]

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