The pound advanced against its major trading partners in the European session on Thursday, as the Bank of England kept its interest rate unchanged in a split vote at its final meeting of the year, saying that it was too early to judge the impact of recent domestic policy developments in economy.
At the Monetary Policy Committee meeting, Governor Mark Carney and six other members voted to maintain the interest rate at 0.75 percent. Meanwhile, Jonathan Haskel and Michael Saunders repeated their call for a quarter point reduction.
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