Bank of England voted 8-1 to hold rates in May

The Bank of England's minutes from its May Monetary Policy Committee meeting released on Wednesday 18 May revealed policy makers voted 8- 1 to keep interest rates unchanged in May with Paul Tucker rejoining the majority, dropping his call for an increase.

Deputy Governor Andrew Large voted to raise the rate a quarter point to 5 per cent for a third month, according to minutes of the May 6-9 meeting, released by the bank.

``For one member the prospect for inflation was slightly lower and in 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 copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

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

.