04-12-2014 13:05 via news.yahoo.com

Bank of England keeps rates on hold at record low

By Andy Bruce LONDON (Reuters) - The Bank of England kept interest rates at a record low on Thursday as policymakers gave more weight to the risks from low inflation and a weak global economic outlook than to a strong recovery at home. The BoE's Monetary Policy Committee, as expected, left its Bank rate at 0.5 percent, where it has been since the depths of the financial crisis nearly six years ago, and made no statement. Britain's consumer-led recovery looks set to slow down only modes
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