Bank of England signals interest rate cuts in the future after no change this month

The Bank of England kept interest rates on hold after last month's emergency cut, but said a further reduction was still on the cards despite signs of a bounce-back in the economy.

Bank of England signals interest rate cuts in the future after no change this month

The Bank of England kept interest rates on hold after last month's emergency cut, but said a further reduction was still on the cards despite signs of a bounce-back in the economy.

Minutes of the latest Monetary Policy Committee (MPC) meeting showed members voted unanimously to keep rates at 0.25, after last month's dramatic cut from 0.5% - the first since 2009.

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