BoE eyes 'modest tightening' to meet inflation target
MPC maintains rates 7-2
Mark Carney is approaching the end of his term as Governor of the BoE
The Bank of England's Monetary Policy Committee (MPC) has voted to maintain interest rates at 0.75% by a majority of 7-2, with further rate cuts now being considered amid slowing growth and an expected fall in inflation.
In Thursday's (7 November) meeting, which also saw unanimous agreement to maintain corporate and government bond buying at £10bn, the bank opted to maintain the rate amid a CPI inflation rate of less than...
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