Wednesday, Apr 18, 2007
MPC vote to stay at 5.25% through April
BBC News: Bank voted 7-2 to hold UK rates
Minutes from the April Monetary Policy Committee (MPC) meeting, responsible for rate-setting, show that the members voted 7-2 in favour of keeping interest rates unchanged at 5.25% in April. Despite this vote, the jump in inflation is likely to trigger a rise in rates to 5.5% at the Bank's next meeting, say analysts.
Posted by disillusioned @ 10:18 AM (152 views) Add Comment
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