BoE minutes published

Note: This section contains information in English only.
Source: Bloomberg
Today the minutes of the Monetary Policy Committee's meeting, which took place on May 9-10, were published. During the meeting 2 votings were carried out. The Committee voted unanimously regarding the proposition to maintain Bank Rate at 0.5%. The second proposition to keep the stock of asset purchases at GBP 325 billion was supported by 8 members out of 9, since David Miles was in favour of increasing the size of the programme to GBP 350 billion. The minutes said that the decision to leave the asset purchase programme unchanged is finely balanced. The outlook is monitored monthly, and, if necessary, the programme could be expanded to further stimulate the economy.  

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