Bank of England MPC Minutes, 8&9 December

The minutes from the 8 & 9 December meeting of the Monetary Policy Committee of the Bank of England showed that members voted unanimously to leave the benchmark interest rate unchanged, with some policy makers raising the possibility of a rate cut.

"The downside risks to the inflation projection had increased, but not enough to make a persuasive case for a reduction in interest rates," some policy makers said, according to the minutes. For other members, "the news was balanced and no change in

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