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Minutes of the MPC Meeting held on 7 and 8 June 2006
The MPC voted 7-1 to maintain Bank Rate at 4.5%
Published on
21 June 2006
The Governor invited the Committee to vote on the proposition that the official Bank rate should be maintained at 4.5%. Seven members of the Committee (the Governor, Rachel Lomax, John Gieve, Kate Barker, Charles Bean, David Blanchflower and Paul Tucker) voted in favour of the proposition. David Walton voted against, preferring an increase of 25 basis points.