Minutes of the MPC Meeting held on 6 and 7 February 2002

The MPC voted 7 - 2 to maintain Bank Rate at 4%.
Published on 20 February 2002

The Governor invited members to vote on the proposition that the Bank’s repo rate should be maintained at 4%. Seven members of the Committee (the Governor, Mervyn King, David Clementi, Kate Barker, Charles Bean, Stephen Nickell and Ian Plenderleith) voted in favour. Christopher Allsopp and Sushil Wadhwani voted against, preferring a reduction in the repo rate of 25 basis points.

PDFMinutes of the meeting


Other news

Was this page useful?
Add your details...