UK rates held at 5.5%

The Bank of England's monetary policy committee (MPC) on Thursday voted to keep the benchmark bank rate at 5.5%.

Economists suggested fears of appearing too dovish may have influenced the Bank's decision.

"The MPC may well have worried today that rapid early easing - coupled with the likelihood of rising near-term inflation - could create a sense that it does not take the inflation target seriously, hence further boosting inflation expectations, lifting pay deals and creating a climate in whic

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