Minutes of the Monetary Policy Committee Meeting held on 7 and 8 July 2010 | Bank of England
Central bank: boe | Type: decision | Date: 2010-07-01

Minutes of the Monetary Policy Committee Meeting held on 7 and 8 July 2010
Minutes of the Monetary Policy Committee Meeting held on 7 and 8 July 2010
The MPC at its meeting voted to maintain Bank Rate at 0.5%. The Committee also voted to maintain the stock of purchased assets financed by the issuance of central bank reserves at £200 billion.
Published on
21 July 2010
The Governor invited the Committee to vote on the proposition that:
Bank Rate should be maintained at 0.5%;
Seven members of the Committee (the Governor, Charles Bean, Paul Tucker, Spencer Dale, Paul Fisher, David Miles and Adam Posen) voted in favour of the proposition. Andrew Sentance voted against, preferring an increase in Bank Rate of 25 basis points.
Minutes of the meeting