UK rate-setters mulled June rise

Several members of the Bank of England's Monetary Policy Committee considered raising rates in June on the back of poor inflation data.

The minutes of the June meeting, published Wednesday, show MPC members believed risks to medium-term inflation expectations severe enough to warrant discussion on an immediate rise in bank rate.

"If there were a serious threat to medium-inflation expectations then a pre-emptive rise in rates would be appropriate," the minutes said. "Delay would only increase

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 [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: