BoE Held Rates on 6-3 Vote, but Four More Policymakers are Moving Toward a Hike

The Bank of England left Bank Rate unchanged at 3.75% by a 6–3 vote, but the decision was less comfortable than the headline majority suggests. External MPC members Megan Greene and Catherine Mann, together with Chief Economist Huw Pill, again voted for an immediate 25bp increase to 4.00%. Within the hold camp, Bank of England […]

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