BoE’s McCafferty breaks ranks in first new-style monetary policy meeting

MPC meeting switches to new format featuring information blizzard

ian-mccafferty
Ian McCafferty: voted for rate rise

A member of the Bank of England's monetary policy committee (MPC) voted for a rate hike at the first meeting to be held under a new format, the central bank revealed today (August 6).

The BoE published its rate decision alongside a small mountain of supporting documents on what is known as 'Super Thursday' for its large release of economic information.

To help journalists cope with the deluge of information, the BoE now provides an initial off-record briefing before the main press conference

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