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UK: BoE Still cautious, more wary of supply side.
[private][private]Unsurprisingly, the minutes from the May 4-5 BoE MPC meeting continued to show the committee split three ways, with Dale, Weal and (long-standing hawk) Sentance opting for a rate hike, the latter still advocating a 50 bp hike rather than the 25 bp move preferred by the his fellow dissenters.
UK May 18 BoE Minutes[/private][/private]