BoE Official Bank Rate: 0.25% hike to 0.75%, as expected

Bank of England

The decision:

• GBP Official Bank Rate: 0.75% v 0.75% expected and 0.50% previous
• GBP MPC Official Bank Rate Votes: 9-0-0 v 7-0-2 expected and 3-0-6 previous

• GBP Asset Purchase Facility: 435B v 435B expected and 435B previous
• GBP MPC Asset Purchase Facility Votes:0-0-9 v 0-0-9 expected and 0-0-9 previous

• GBP Monetary Policy Summary
• GBP BOE Inflation Report

Chart musings:

• With the 9-0 vote to hike, cable bounces off intraday support level.