Bank of England MPC Minutes 7/8 April

Minutes of the Bank of England's Monetary Policy Committee Meeting were released on 21 April for the meeting of 7 and 8 April 2004. Eight of the nine MPC members opted to keep interest rates unchanged with only deputy governor Andrew Large supporting a quarter-point rate rise.

The deputy governor in charge of financial stability repeated his view that the build-up in consumer debt made households more vulnerable to ``shocks.''

``Sterling had strengthened'' since February and ``U.K. output data

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 indvidual account here: