Minutes of the MPC Meeting held on 3 and 4 November 1999 | Bank of England
Central bank: boe | Type: decision | Date: 1999-11-01

Minutes of the MPC Meeting held on 3 and 4 November 1999
Minutes of the MPC Meeting held on 3 and 4 November 1999
The MPC voted 8 - 1 to increase Bank Rate by 25 basis points to 5.50%.
Published on
17 November 1999
The Governor invited members of the Committee to vote on the proposition that the Bank repo rate be increased by 25 basis points to 5.50%. Eight members of the Committee (the Governor, Mervyn King, David Clementi, Willem Buiter, Charles Goodhart, Ian Plenderleith, John Vickers and Sushil Wadhwani) voted for the proposition. DeAnne Julius voted against, preferring to maintain interest rates at 5.25%.
Minutes of the meeting