BoE minutes remind markets not to be complacent

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The Bank of England

The Bank of England (BoE) is firmly in favour of a rate hike as its next move and may be warning markets not to become complacent about easy policy, according to economists' reading of the latest minutes.

Published today, the minutes of the BoE's April 8–9 monetary policy committee (MPC) meeting reveal members unanimously voted to hold policy steady.

Nevertheless, while there was a "range of views" as to the exact path, "all members agreed that it was more likely than not that Bank rate would

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