Two Bank of England members voted for interest-rate cut, hitting British pound

Two members of the Bank of England's Monetary Policy Committee voted for an interest-rate cut, the central bank said Thursday. The Bank of England, in deciding to keep rates at 0.75% by a 7-to-2 margin, said it will "monitor closely the responses of companies and households to Brexit developments as well as the prospects for a recovery in global growth.

See Full Story British pound slips as two Bank of England members vote for interest-rate cut A more dovish Bank of England interest-rate decision than expected sent the British pound lower on Thursday.

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Source: CNBC - 🏆 12. / 72 Read more »