Bank’s MPC split three ways

bank-of-england

Minutes from the Bank of England's latest Monetary Policy Committee (MPC) meeting, published on Wednesday, revealed a three-way split for the second month running as rate-setters continued to disagree over the risks to the outlook for inflation and growth in Britain.

The minutes show that seven members of the committee voted to hold the bank rate at 0.5% and maintain the stock of asset purchases under the Bank's quantitative easing programme at £200 billion ($318 billion).

Two members dissented:

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