# Bank of England voted 7-1 to hold rates

Minutes released on Wednesday 19 April showed that the Bank of England's Monetary Policy Committee voted 7 to 1 at its meeting on April 6 to keep interest rates unchanged at 4.5 per cent.

Stephen Nickell was the only member of the MPC to favour a reduction in rates. The committee was down to 8 members after the departure to the CBI of Richard Lambert.

For most committee members the data suggested that recent output growth had continued to grow at or around trend, although for some there remai

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