BoE's Nickell sees UK interest rate freeze

The prospect of interest rates in the UK remaining unchanged over the coming months increased when a leading Bank of England official was quoted as saying no further changes are required.

The Western Morning News, a local newspaper in the South West of England, quoted Stephen Nickell, a member of the rate-setting Monetary Policy Committee, as predicting the UK economy will be back to normal growth rates by early next year with inflation coming back down.

"So our best guess is that the economy

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