The Bank of England’s Monetary Policy Committee (MPC) has unanimously voted to maintain the bank rate at 0.5%, contrary to speculation in the press.
Some commentators had expected at least one member to vote for a rate cut to 0.25% - while nobody expected enough votes for this to actually happen, it would have been useful as a signal of further action in the months to come.
Source Moneywise http://ift.tt/1X6j39L
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