In search of King's defence

Two articles published Thursday reflected on the Bank of England's last MPC meeting which saw the governor outvoted for the first time. One says the UK's "boring" monetary policy just got a whole lot more interesting, noting that heavyweight Charlie Bean sided with the bank's four independent members in voting for a rate cut. The other article suggests the move is a sign of strength.

Click here to read the article "Bank of England's rate schism is poised to widen" on the Bloomberg website


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