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Bank Of England MPC Split Deepens Amid High Inflation

The Bank of England decided to leave its record low interest rate unchanged on Thursday, but the split among policymakers widened as more members sought a hike, citing the rising inflation. The Monetary Policy Committee, headed by Governor Mark Carney, voted 5-3 to hold the interest rate at a record low of 0.25 percent. However, all eight members voted to maintain the quantitative easing at GBP 4
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