BOE Holds Rates in 6-3 Vote as War Clouds Inflation Outlook
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Bank of England Governor Andrew Bailey in London, on July 30. The Bank of England kept interest rates steady at 3.75% on Thursday, with Governor Andrew Bailey insisting his committee is not getting closer to a hike despite three members voting for tighter policy. Catherine Mann joined Megan Greene and Chief Economist Huw Pill in voting for a quarter-point increase in bank rate, yet the six other members — including Bailey — pointed to softer price pressures than had been expected.
Missing media or need the complete publisher report? Open Bloomberg ↗
SN
Scoop News DeskBoe · Published Updated
Media link supplied by the Scoop Newsroom app.
Scoop News reporting summary
The text below was supplied by the Scoop Newsroom app. Third-party reporting is attributed in the source panel.
No additional independently verified detail is available beyond the summary above. The original reporting remains linked in the source panel.
Dated changes to this report are shown here as they are published.
Version 2updated
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Bank of England Governor Andrew Bailey in London, on July 30. The Bank of England kept interest rates steady at 3.75% on Thursday, with Governor Andrew Bailey insisting his committee is not getting closer to a hike despite three members voting for tighter policy. Catherine Mann joined Megan Greene and Chief Economist Huw Pill in voting for a quarter-point increase in bank rate, yet the six other members — including Bailey — pointed to softer price pressures than had been expected.
Version 3updated
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Bank of England Governor Andrew Bailey in London, on July 30. The Bank of England kept interest rates steady at 3.75% on Thursday, with Governor Andrew Bailey insisting his committee is not getting closer to a hike despite three members voting for tighter policy. Catherine Mann joined Megan Greene and Chief Economist Huw Pill in voting for a quarter-point increase in bank rate, yet the six other members — including Bailey — pointed to softer price pressures than had been expected.
Version 4updated
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Bank of England Governor Andrew Bailey in London, on July 30. The Bank of England kept interest rates steady at 3.75% on Thursday, with Governor Andrew Bailey insisting his committee is not getting closer to a hike despite three members voting for tighter policy. Catherine Mann joined Megan Greene and Chief Economist Huw Pill in voting for a quarter-point increase in bank rate, yet the six other members — including Bailey — pointed to softer price pressures than had been expected.