No surprise as interest rates on hold for another month

No surprise as interest rates on hold for another monthThe Bank of England has decided to keep interest rates on hold for another month and will inject no further money into the economy via Quantitative Easing (QE). Bank base rate has been stuck at 0.5% for nearly four years and with some economists predicting the economy will contract at the start of 2013, raising the possibility of a triple dip recession, any movement in interest rates is highly unlikely in the ...