BoE MPC moving towards rate hike, minutes hint
‘A number of members’ believe risks to inflation are becoming ‘skewed to the upside’
Members of the Bank of England's (BoE) monetary policy committee (MPC) are increasingly signalling a move towards voting for a rate hike, the minutes of their latest meeting, published today (July 22), imply.
The MPC voted unanimously to hold policy steady at the meeting on July 8, with the minutes noting uncertainty over Greece was a "very material factor" in the decision of certain members.
"A number of members" saw the balance of risks to the inflation outlook as "becoming more skewed to the
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com