BoE Will Not Change Interest Rates - Navtej Kohli
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The Bank of England will keep interest rates on hold at 5pc, according to economists.
The Bank of England’s nine-strong monetary policy committee is likely to take no action in a bid to combat inflation driven by soaring oil and food prices.
The move will come despite concerns over slowing growth and the current slump in the housing market.
The European Central bank also meets tomorrow, with economists again expecting no change in interest rates.
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