BoE contemplated 0.5% rate hike
The release of the minutes on 23 May marked the first time this year that there was a unanimous vote on the MPC. The committee's members did, however, not implement the 0.5% hike the minute revealed them to have contemplated, opting instead for a 0.25% rise, taking rates to 5.5%.
"The (Monetary Policy) Committee agreed that, should the
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