BOE Interest-Rate Decision | Special Coverage

Live from Bloomberg's European headquarters in London. Welcome to our special coverage, The Body Decides. The central bank, led by Governor Andrew Bailey, has held rates steady at 3.75%.The vote was split 8 to 1 with Hue Peel dissenting. He called for a quarter point hike. The Bank of England says there is a risk of, quote, material second round effects.And the Monetary Policy Committee reiterated it stands ready to act if needed. Let's see how markets have been responding to this news out of the Bank of En ...