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Minutes of the MPC Meeting held on 6 and 7 April 2005
The MPC voted 7 - 2 to maintain Bank Rate at 4.75%.
Published on
20 April 2005
The Governor invited members to vote on the proposition that the repo rate should be maintained at 4.75%. Seven members (the Governor, Rachel Lomax, Kate Barker, Charles Bean, Marian Bell, Richard Lambert and Stephen Nickell) voted in favour. Two members (Andrew Large and Paul Tucker) voted against, preferring a rise in the repo rate of 25 basis points.
Minutes of the meeting