On June 22nd 2011 at 08:30GMT the Bank of England published June’s MPC Meeting Minutes.
May’s voting results: 3-0-6; June’s forecast: 2-0-7
MPC Meeting Minutes – the results of the MPC’s voting and the members’ comments explaining why each of them voted for/against increasing the key interest rate or decided to leave it unchanged.
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The data should be deciphered the following way: “voting FOR” – “voting AGAINST” – “abstained from voting”.
This indicator is believed to be of high importance to those currency traders who trade the British Pound. They pay attention mainly to the general tone of the report.
This time the voting results have matched the forecast, which is not a positive sign for the British currency.
The data are published on a monthly basis, approximately in 2 weeks after the BoE reveals its interest rate decision.
