Comment:Test for Mervyn King's communication skill

What does yesterday's revelation that the top brass of the Bank of England's MPC were outvoted at August's monetary policy meeting imply for the market's view of future interest movements in the UK? And what does it tell us about the institutional set-up at the BoE?


The minutes of the latest MPC meeting, published yesterday, showed that the governor, Mervyn King, the Bank's two deputy governors, Rachel Lomax and Sir Andrew Large and the executive director for markets

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