Bank of England MPC Minutes 4/5 February

Minutes of the Bank of England's Monetary Policy Committee Meeting were released on 18 February for the meeting of 4 and 5 February 2004. In a rare move, the MPC voted unanimously to raise interest rates by a quarter point.

All nine members of the Bank of England's Monetary Policy Committee voted to raise interest rates by a quarter-point to 4.0 percent this month, the minutes revealed.

The committee agreed that the prospects for the global and domestic economy had improved, and this would be l

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