MPC

Hawkish members of the Bank of England's Monetary Policy Committee (MPC) keen to begin edging up interest rates were cowed by the recent turmoil in Greece, its latest meeting minutes reveal.

Turning point for monetary policy

Interest rates in the UK could rise as early as August in response to a tightening labour market, according to Monetary Policy Committee member Martin Weale.

Chris Higham, bond fund manager at Aviva Investors, has argued the market is overly focused on interest rate movements, and investors should look more closely at other policy decisions.

As inflation in the UK hits zero for the first time on record, industry experts share their views on what this means for the UK economy and investors.

The Bank of England's Monetary Policy Committee has warned ongoing sterling strength could prompt a prolonged period of lower inflation expectations.

Sterling fell against the euro and the US dollar as the latest Monetary Policy Committee (MPC) minutes revealed a unanimous vote against hiking interest rates.

UK inflation is likely to remain below target for longer, but some members of the Monetary Policy Committee (MPC) see possible risk factors that could cause it to overshoot its 2% target in the coming year.

The Bank of England has announced significant changes to the running of its Monetary Policy Committee (MPC) in response to an independent review of its practices.

Kames Capital's CIO Stephen Jones expects the Bank of England to hold interest rates throughout next year, despite expectations of an upcoming hike.