Minutes of the MPC Meeting held on 4 and 5 December 2002 | Bank of England
Central bank: boe | Type: decision | Date: 2002-12-01

Minutes of the MPC Meeting held on 4 and 5 December 2002
Minutes of the MPC Meeting held on 4 and 5 December 2002
The MPC voted 7 - 2 to maintain Bank Rate at 4.0%
Published on
18 December 2002
The Governor invited members to vote on the proposition that the Bank’s repo rate should be maintained at 4.0%. Seven members of the Committee (the Governor, Mervyn King, Andrew Large, Kate Barker, Charles Bean, Marian Bell and Paul Tucker) voted in favour. Christopher Allsopp and Stephen Nickell voted against, preferring a reduction in the repo rate of 25 basis points.
Minutes of the meeting