Bank of England keeps key rate at 0.5%
October 08, 2015 at 07:00 AM EDT
The Bank of England's rate-setting committe e vo ted 8-1 to keep interest rates at their record low for another month, as a rate rise before mid-2016 looks increasingly less likely. With some disappointing data on the U.K. economy, the continuing threat of low inflation or deflation, and market turmoil elsewhere continuing, there was little impetus for the...