No change in MPC members voting for rate rise
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Three members of the Monetary Policy Committee voted for a rate rise in April, the same number as March, show the latest minutes.
Six members of the committee voted in favour of keeping interest rates on hold at 0.5%.
Three members of the committee voted for a rate rise, Andrew Sentance preferred to increase Bank Rate by 0.50% and Spencer Dale and Martin Weale preferred to increase Bank Rate by 0.25%.
Regarding the stock of asset purchases, eight members of the MPC voted in favour of keeping it on hold. Adam Posen voted to increase the size of the asset purchase programme by £50bn to a total of £250bn.
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