Thursday, Jan 25, 2007
Mervyn King cast deciding vote on last month's IR rise
Times Online: Bank schism on interest rates leaves forecasters in confusion
The FTSE is above 6300 for the first time in six years, and the city doesn't quite know what to make of the Monetary Policy Committee's decision. The MPC was split, with 4 members of the panel voting for no rise. Philip Shaw of Invetsec said “We were in the dark before the minutes and we’re even less clear now.”
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