Tuesday, 1 February 2011

Bank split 3 ways over interest rates

Two members of the Bank's nine-strong monetary policy committee backed an interest rate rise to combat inflation, while another voted for looser monetary policy to tackle flagging growth. The other six voted for no change.
http://www.guardian.co.uk/business/2011/jan/26/interest-rates-bank-of-england-split?intcmp=239