BOE Signals Rate Can Stay Low as Inflation Weakness Persists

Updated on
  • MPC votes 8-1 to keep benchmark at record-low 0.5 percent
  • Sees slow consumer-price gains, CPI below 1% until spring 2016

The Dig For Clues in Fed, BOE & ECB Data...

Bank of England policy makers said the U.K. economy is withstanding international pressures, while also signaling they have room to keep the benchmark rate at a record low as inflation weakness persists.

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