Bank of England unanimous on holding rates

UK - The Monetary Policy Committee voted unanimously to keep UK interest rates unchanged at their September meeting according to the latest minutes published on Wednesday by the Bank of England.

Despite substantial falls in equity markets since the previous meeting in August, the MPC said it remains in a "wait and see mode". Although the case for an immediate cut in interest rates was discussed in response to a weaker outlook for the world economy, MPC members agreed that "it was premature to

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