Weekly Espresso
Last week we got a perfect hat-trick of interest rate decisions from the Bank of England, European Central Bank (ECB) and Bank of Japan (BoJ).
As expected, particularly after inflation for November was shown to have fallen to 3.2% on Wednesday, the BoE decided to cut the base rate from 4% to 3.75%. However, the vote was tight with four members of the bank’s committee voting against the reduction…
