Market news
20.04.2011, 08:39

BOE MPC votes 6:2:1 to maintain Bank Rate at 0.5%

 

  • MPC Splits Same Way; 
  • Hawkish Line Dropped
  • Dale, Weale Vote For 25bps Hike
  • Sentance Votes For 50bps Rise
  • No Change Camp Do Not Repeat Hike Case Strengthening Line
The BOE's Monetary Policy Committee split four ways at its April meeting. Spencer Dale and Martin Weale again voted for a 25bps hike and Andrew Sentance continued his call for a 50bps rise. Dale and Weale described the decision as "finely balanced".

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