Sterling jumps after MPC minutes reveal members still split on rates
Minutes released by the Bank of England's Monetary Policy Committee this morning revealed a more hawkish stance than investors expected, helping to lift the flagging UK currency.
The minutes of the MPC meeting from 5-6 November reiterated the 7-2 divide of the committee members in favour of keeping ultra-low interest rates on hold, with two members continuing to back an early rate...
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