The Bank of England left interest rates on hold yesterday, a month after cutting rates to a record-low 0.25%.
Members of its monetary policy committee still expect a material slowing in economic growth in the second half of the year, but by less than had been anticipated when rates were last cut.
Interest rates could still fall later in the year, the minutes of the meeting indicate. The next BoE interest rate decision is due on 3 November.
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