Minutes of the MPC Meeting held on 3 and 4 November 1999

The MPC voted 8 - 1 to increase Bank Rate by 25 basis points to 5.50%.
Published on 17 November 1999

The Governor invited members of the Committee to vote on the proposition that the Bank repo rate be increased by 25 basis points to 5.50%. Eight members of the Committee (the Governor, Mervyn King, David Clementi, Willem Buiter, Charles Goodhart, Ian Plenderleith, John Vickers and Sushil Wadhwani) voted for the proposition. DeAnne Julius voted against, preferring to maintain interest rates at 5.25%.

PDFMinutes of the meeting


Other news

Was this page useful?
Add your details...