Advertisement
MPC
abbreviation
Medical Practices Committee
Monetary Policy Committee (of the Bank of England)
Example Sentences
Thursday's MPC decision will come after the US central bank chose to cut interest rates on Wednesday to a range of 4% to 4.25% for the first time since December.
The decision to cut the Bank rate in August was taken after an unprecedented second vote by the nine members of the MPC.
Mortgage rates have dropped very slightly since the MPC's last meeting in August, but further moves are uncertain, according to Rachel Springall, from the financial information service Moneyfacts.
The decision will be announced by the MPC at 12:00 BST.
President Trump's tariff policy in the US was unveiled after the MPC's last meeting in March.
Advertisement
Advertisement
Advertisement
Advertisement
Browse