Minutes of the MPC Meeting held on 1 and 2 August 2001 | Bank of England
Central bank: boe | Type: decision | Date: 2001-08-01

Minutes of the MPC Meeting held on 1 and 2 August 2001
Minutes of the MPC Meeting held on 1 and 2 August 2001
The MPC voted 6 - 3 to reduce Bank Rate by 25 basis points to 5.0%.
Published on
15 August 2001
The Governor invited the Committee to vote on the proposition that the Bank’s repo rate should be reduced by 25 basis points to 5.0%. Six members of the Committee (the Governor, Christopher Allsopp, Kate Barker, Charles Bean, Stephen Nickell and Sushil Wadhwani) voted for the proposition. Mervyn King, David Clementi and Ian Plenderleith voted against, preferring to maintain the repo rate at 5.25%.
Minutes of the meeting