Summary
Stephen Nickell remained in a minority of one for a fifth month on April 6 when the Bank of England's Monetary Policy Committee voted to leave its official interest rate unchanged at 4.5 per cent, where it has been since last August.
Mr Nickell, leaves the interest-setting committee at the end of next month, so the next meeting on May 3 and 4 will be his last. This raises the prospect that opposition to the case he has argued for slightly cheaper money will become unanimous.See the full content of this document
Extract
Nickell Still in Minority at Bank
This month, the committee was down to eight members, after the departure of the former Financial Times editor Richard Lambert to succeed Sir Digby Jones as director gene...
See the full content of this document
Sponsored links
