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Bank of England surprises as two MPC members vote for rate cut

A bird flies past The Bank of England in the City of London
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LONDON, Nov 7 (Reuters) - Two Bank of England officials unexpectedly voted to lower interest rates this month due to signs of a deeper economic slowdown, and others said they would consider a cut if global and Brexit headwinds did not lift.The BoE said on Thursday that its nine-member Monetary Policy Committee voted 7-2 to keep Bank Rate at 0.75%, in sharp contrast to forecasts in a Reuters poll..
Date Published: Nov 07, 2019
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