UK MPC unanimous on August rate hold

All nine members of the Bank of England's monetary policy committee voted to leave interest rates on hold at 3.5%earlier this month, minutes of their meeting showed on Wednesday, reports the Financial Times. The quarter point cut in July had been supported 8-1.

"The central projections to be published in the August inflation report suggested that, after the previous month's reduction, no change in the repo rate was necessary, but it was important to consider the balance of risks around the

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: