Home /
Minutes of the MPC Meeting held on 7 and 8 May 2003
Minutes of the MPC Meeting held on 7 and 8 May 2003
The MPC voted 5 - 4 to maintain Bank Rate at 3.75%.
Published on
21 May 2003
The Governor invited members to vote on the proposition that the repo rate should be maintained at 3.75%. Five members (the Governor, Mervyn King, Andrew Large, Charles Bean and Paul Tucker) voted in favour. Four members (Christopher Allsopp, Kate Barker, Marian Bell and Stephen Nickell) voted against, preferring a reduction in the repo rate of 25 basis points.
We use necessary cookies to make our site work (for example, to manage your session). We’d also like to use some non-essential cookies (including third-party cookies) to help us improve the site. By clicking ‘Accept recommended settings’ on this banner, you accept our use of optional cookies.
Necessary cookies
Analytics cookies
Yes
Yes
Yes
No
Necessary cookies
Necessary cookies enable core functionality on our website such as security, network management, and accessibility. You may disable these by changing your browser settings, but this may affect how the website functions.
Analytics cookies
We use analytics cookies so we can keep track of the number of visitors to various parts of the site and understand how our website is used. For more information on how these cookies work please see our Cookie policy.
Minutes of the meeting
