BoE Voted 9-0 To Maintain Current Policy
BoE minutes from the July 8-9 meeting showed that MPC members voted unanimously to maintain the existing 0.5% base rate.
The minutes also reveal that members discussed if an "immediate change" to the asset purchase target of at £125bn was required.
They concluded that there had not been enough new evidence to justify this and that the August Inflation Report would "provide an opportunity to reassess the stock of asset purchases".
The minutes also reveal that members discussed if an "immediate change" to the asset purchase target of at £125bn was required.
They concluded that there had not been enough new evidence to justify this and that the August Inflation Report would "provide an opportunity to reassess the stock of asset purchases".