Carney says rate hold was ‘easy decision’ after 9-0 vote
‘Super’ Thursday becomes ‘subdued’ Thursday
All nine members of the Bank of England's (BoE) monetary policy committee today (February 4) voted to keep the Bank rate at 0.5% and maintain the stock of purchased assets at £375 million.
This was the first time since July Ian McCafferty had not voted for a rate hike. But that was the only element of surprise in today's decision.
In a press conference following the announcement, governor Mark Carney said it was an "easy decision" leaving rates on hold, emphasising that although the economy was
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