Why Aren't Interest Rates Dropping?

The MPC announced today to hold rates and gave insight into when we can expect them to fall.

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Links from this video:
MPR report: https://www.bankofengland.co.uk/monetary-policy-report/2024/february-2024
OBR report: https://obr.uk/efo/economic-and-fiscal-outlook-november-2023/
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Видео Why Aren't Interest Rates Dropping? канала Damien Talks Money