Bank of England Raises Key Rate a Half Point to 3.5%

The transcript discusses the Federal Reserve's decision on interest rates and the divided opinions within the committee. It highlights the Bank of England's fiscal measures following Jeremy Hunt's autumn statement, noting a projected GDP cut. The discussion also covers the UK's economic data, including rising unemployment and wage growth, and the differing views within the committee on interest rate adjustments amid recession concerns.

What economic indicators were mentioned as mixed signals in the UK economy?

What concerns did the doves on the committee express regarding interest rate hikes?