Bank of England minutes show rates firmly on hold

UK - The Bank of England has published the minutes to it's Monetary Policy Committee (MPC) meeting held on 5 and 6 June. The minutes show that the MPC were strongly in favour of keeping interest rates on hold.

The Bank of England's Monetary Policy Committee (MPC) earlier this month voted 8-1 to keep interest rates on hold.

At its meeting on 5 and 6 June, the Bank of England left its key interest rate unchanged at 5.25%, after cutting it during the previous three months.

Only Sushil Wadhwani, a

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