- 9-0 to keep interest rates on hold as prev
- 8-1 for fwd guidance framework ( Weale the dissident)
Full minutes here
Headlines to follow here
- Martin Weale votes against the framework for forward guidance framework as set out by governor Carney
- Weale wanted shorter term horizon for 2.5% inflation knockout
- still some split between hawks and doves
- doves saying there is still a need for further stimulus but will see what impact fwd guidance has
- most members say short-term interest rates out of line with economic outlook
Generally more hawkish than dovish but GBP better bid more on the better jobs data