BoE's Pill: Two members of the MPC did not sign up to rate guidance because they though enough already done

Bank of England Chief Economist Huw Pill said on Friday that two members of the bank's rate-setting committee (the Monetary Policy Committee or MPC) did not sign up to the new guidance on interest rates because they felt that enough may have already been done, reported Reuters. 

Pill's remarks come after he said earlier in the day that “key message we hoped to land yesterday is that we face risks on both sides of the economic outlook.” Arguments about balancing risks with rates are quite finely balanced themselves, he added.