Most analysts had expected the December cut, but the vote among members of the nine-member monetary policy committee (MPC) was divided, with only five in favour.
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So Barnett taught himself 3D computer-aided design software and started sending off models to a prototyper in China. Within three or four weeks, he would receive the prototypes. “I would be devastated each time,” Barnett says of those early models. It ultimately took “probably 60, 70 rounds, hundreds and hundreds of prototypes” before Barnett had an accordion-mechanism circle that could stick to the back of a phone — a PopSocket.