 Ahead of the decision, the OIS market was pricing in a 62 chance of a 25 bps hike while economists narrowly favored a 50 bps hike.Prior rate was 3.75Prior statement said the Governing Council expects that the policy interest rate will need to rise further but this has been dropped Governing Council will be considering whether the policy interest rate needs to rise further to bring supply and demand back into balance and return inflation to target... 