{"id":83956,"date":"2023-05-11T15:26:07","date_gmt":"2023-05-11T11:26:07","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=83956"},"modified":"2023-05-11T15:27:12","modified_gmt":"2023-05-11T11:27:12","slug":"oe-raises-policy-rate-by-25-bps-to-4-5-in-may","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/oe-raises-policy-rate-by-25-bps-to-4-5-in-may\/05\/11\/market-updates\/","title":{"rendered":"BoE raises policy rate by 25 bps to 4.5% in May"},"content":{"rendered":"\n<p>Following its May policy meeting, the Bank of England (BOE) announced that it raised the policy rate by 25 basis points (bps) to 4.5% as expected. Two policymakers, Tenreyro and Dhingra, voted to keep the policy rate on hold at 4.25%.<\/p>\n\n\n\n<p>&#8220;If there were to be evidence of more persistent pressures, then further tightening of monetary policy would be required,&#8221; the BOE repeated in its policy statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Following its May policy meeting, the Bank of England (BOE) announced that it raised the policy rate by 25 basis points (bps) to 4.5% as expected. Two policymakers, Tenreyro and Dhingra, voted to keep the policy rate on hold at 4.25%. &#8220;If there were to be evidence of more persistent pressures, then further tightening of &hellip;<\/p>\n","protected":false},"author":9,"featured_media":32522,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[6967,6870,6987,9603,7619],"class_list":["post-83956","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-boe","tag-gbp","tag-inflation","tag-saunders","tag-uk-economy"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/83956","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=83956"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/83956\/revisions"}],"predecessor-version":[{"id":83958,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/83956\/revisions\/83958"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32522"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=83956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=83956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=83956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}