UK interest rates have been held at 0.5% again by the Bank of England’s Monetary Policy Committee.
MPC members voted 8-1 to keep rates on hold, with only Ian McCafferty voting to raise rates.
The decision marks the 78th consecutive month of record-low interest rates. In its report, the Bank said the outlook for inflation was “muted”.
Some economists say a rate rise could now be put off, although governor Mark Carney said it was “drawing closer”.
“Those analysts who predicted a rate rise this year may be on brink of having to rip up their predictions,” said Aberdeen Asset Management chief economist Lucy O’Carroll.
Many analysts had anticipated that two or three policymakers would vote for a rate increase.
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