LOWERING EXPECTATIONS: The markets reined in their hope for further economic stimulus from the Bank of England after minutes from the central bank's last rate-setting meeting showed its monetary policy committee almost unanimously decided against changing course.
THE NUMBERS: In response, the pound rose from about $1.594 to just under $1.60.
LONE SUPPORTER: David Miles was the only committee member to advocate that the Bank of England free up money in the British economy by buying up bonds and other assets from banks. He voted with the other eight members to keep the main interest rate at a record low 0.5 percent.
