BoE's Clementi makes no comment on future of rates

UK - Bank of England Deputy Governor David Clementi used a speech on Wednesday 10 October to discuss the international financial system, confounding rumours that he planned to signal the Bank would not cut interest rates again.

Clementi made only one brief reference to interest rates in the speech he made in Oxford, south-central England.

He said the MPC had cut rates on 18 September because of the "increase of risks of a further slowdown in world growth" after the attacks in the United States