Bank of England MPC Voted 9-0 to Hold Rates

The views of Bank of England policymakers appeared little changed in May when they voted unanimously to keep interest rates on hold.

Minutes of the Monetary Policy Committee’s (MPC) May meeting also showed the Bank’s rate-setters saw the possibility of a recent pick-up in British house prices posing renewed risks.

The MPC voted 9-0 to keep interest rates at 0.5 percent.

Two of its nine its members felt the decision was finely balanced between voting to keep rates on hold or to raise them, echoing previous meetings.

via CNBC