BofA's Wood Calls the Split BOE Rate Vote 'Bizarre'

The transcript discusses the latest decision by the MPC, highlighting the unexpected hawkish stance of some members despite worsening economic data. It analyzes voting patterns, the impact of recent economic indicators like retail sales and wage growth, and the surprise in the voting outcome. The discussion also touches on future changes in the committee, particularly the departure of Kristen Forbes, and the implications for future interest rate decisions.

In what way does the text describe the current stance of the three members who voted for hikes?

How did the recent data on retail sales and wage growth compare to expectations?

What was the surprising aspect of the recent interest rate decision mentioned in the text?

What implications does Kristen Forbes' departure from the committee have on future votes?

What does the text suggest about the voting behavior of members who support interest rate hikes?