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Archive: HiFX Foreign Currency Exchange

BoE Minutes reveal 7-2 vote


21.02.07

The minutes from the Bank of England’s meeting earlier this month showed a 7-2 vote in favour of leaving rates on hold with Timothy Besley and Andrew Sentence both voting for a hike. However, Sterling was left trading on the back foot following expectations that the MPC are likely to delay further tightening as they await further evidence of inflationary pressures.


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