» UK: BoE Still cautious, more wary of supply side. Decision Economics

UK: BoE Still cautious, more wary of supply side.

Posted May 18, 2011 by Editor

[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]