UK's Blanchflower explains voting behaviour
In a speech on 30 May David Blanchflower, member of the Bank of England's Monetary Policy Committee, said that he voted to raise rates for the first time since joining the MPC in June 2006 because he wanted to indicate to the public the Bank's intention to bring inflation under control despite rising food prices and strong world economic growth.
This is the first time that Blanchflower has voted for a rate rise since he joined the MPC in June 2006, a trend that has given him the reputation of a
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