Interest rate decision unanimous - minutes reveal
Page last updated Monday, 27 April 2009
Minutes show that all nine members of the The Bank of England's rate-setting committee voted to cut interest rates to 0.5% from 1% in March.
The committe also agreed unanimously to generate £75bn of new money - known as quantitative easing.
You can view minutes here
Quantitative easing explained in simple terms here
Official Bank Rate history - All rate changes since 1694 until present date here
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DebtWizard Comment
A unanimous decision suggests that interest rates will not be going up in April.
My concern will be that because of quantitave easing inflation could take hold towards the end of the year and one way to combat this will be to put interest rates up.