At its meeting of 3 to 5 August 2026, what did the Monetary Policy Committee decide about the policy repo rate?

Cut it by 25 basis points to 5.00 per centCorrect answerYour answerLeft it unchanged at 5.25 per centCorrect answerYour answerRaised it by 25 basis points to 5.50 per centCorrect answerYour answerLeft it unchanged at 6.50 per centCorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer B

Correct answer: B

The decision was unanimous, and the rate stayed at 5.25 per cent
The stance was also kept neutral, which is a separate decision from the rate and is taken at the same meeting

Concept: The repo rate decision
Typical timeTypical: 40 s
Your timeYours: —

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At its meeting of 3 to 5 August 2026, what did the Monetary Policy Committee decide about the policy repo rate?

Explanation