IMF Says BOE Should Keep Rates on Hold, Warns on Housing Market

  • Annual health check says further lending curbs may be needed
  • Osborne says IMF report strongest since he became chancellor

The Bank of England should keep interest rates at a record low until inflation pressures are clearer, the International Monetary Fund said as it warned that financial-stability officials may need to take further action to stop Britons assuming too much housing debt.

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