• Text size
  • Send this article to a friend
  • Print this article

Case could be made for changing or holding rates

The Bank of England's Monetary Policy Committee weighed arguments for cutting, raising and holding benchmark UK interest rates before deciding to stand pat at 5% two weeks ago, minutes reveal.

The Bank of England's Monetary Policy Committee weighed arguments for cutting, raising and holding benchmark UK interest rates before deciding to stand pat at 5% two weeks ago, minutes of its August 6 and 7 meeting reveal.