2 memebers that voted for a rate rise last month have chnaged their stance to keep rates on hold - lower interest rate expectation great for mortgages but poor for GBP . GBP/EUR 1.1375 GBP/USD 1.6360 (At time of writing) down 0.7%.
Posted in Daily Market News on May 30 2014
The minutes of the Bank of England (BoE) Monetary Policy Comittee (MPC) meetings are published two weeks after the interest rate decision. The minutes give a full account of the policy discussion, including differences of view. They also record the votes of the individual members of the Committee.VIEW FULL ARTICLE
Posted in Daily Market News on Aug 17 2011 by alex