MPC

Majority of 6-3

Nominated by Rachel Reeves

Rates at 3.75%

'Wait and see approach'

'The MPC would not want to be perceived as politicking'

Six - three split among Monetary Policy Committee members

Interest rates are at their highest since the Global Financial Crisis

‘Chaos’ in mortgage market as advisers grapple with Consumer Duty

'Clients have been living with high inflation and sustained rate rises'

MPC referenced 'large and volatile moves in global financial markets'