Fri, 12 May 2017 06:21:06 GMT
BoE leaves its bank rate at 0.25%, maintains bond purchases at £435B
At its latest policy meeting, the Bank of England's Monetary Policy Committee voted by a majority of 7-1 to leave the bank rate at 0.25%, with Kristin Forbes being the only one favouring an immediate hike in rates on the back of an uptick in pipeline inflation pressures that, in her opinion, has pushed the CPI to somewhat uncomfortable levels.