Bank of England hints at future rate rise

UK - May's decision by the Bank of England's Monetary Policy Committee (MPC) to leave interest rates unchanged at 4% was unanimous for the third month in a row, the latest minutes of the MPC's meeting have shown.

But despite the 9-0 vote, the minutes also indicated fierce debate about when the next rise should be, with several members wanting a move as soon as possible.

The committee's forecast showed that underlying inflation - leaving out the cost of housing - would creep above the 2.5% tar

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