BOE: Leaves rates, QE stock unchanged in majority at.>

BOE: Leaves rates, QE stock unchanged in majority 7-2 vote at Dec meet

--Bank Rate unchanged at 0.75%, QE stock unchanged at combined stg445bn

--Saunders and Haskel dissent, vote for rate 25bp rate cut

--Monpol after Brexit 'could respond in either direction' to outlook

--Sees inflation below target over coming months

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The BOE voted by a majority of 7-2 to leave Bank Rate unchanged, voting 

unanimously to leave QE unchanged. The MPC said an increase in rates may 

be needed at a gradual pace and to a limited extent if its forecasts pan 

out. The MPS further states that there is no evidence yet about the 

extent to which policy uncertainties have declined since the previous 

meeting. Moreover, the BOE sees inflation  falling to around 1.25% by 

spring, due to temporary regulatory effects. The next MPC decision/press 

conference is on Jan 30, scheduled to be Governor Mark Carney's last.