Minutes of the MPC Meeting held on 10 and 11 January 2001

The MPC voted 5 - 4 to maintain Bank Rate at 6.0%.
Published on 24 January 2001

The Governor invited members to vote on the proposition that the Bank’s repo rate should be maintained at 6.0%. Five members of the Committee (the Governor, Mervyn King, David Clementi, Stephen Nickell and Ian Plenderleith) voted for the proposition. Christopher Allsopp, Charles Bean, DeAnne Julius and Sushil Wadhwani voted against, preferring a reduction in the repo rate of 25 basis points.

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