BOE Signals Rate Can Stay Low as Inflation Weakness PersistsBy
MPC votes 8-1 to keep benchmark at record-low 0.5 percent
Sees slow consumer-price gains, CPI below 1% until spring 2016
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.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.