editor posted on October 08, 2009 04:32
The Bank of England's rate-setting committee has kept UK interest rates on hold at 0.5% for the seventh successive month, as widely expected.
The Bank also said it would continue with its programme of pumping £175bn into the economy, which it said would likely take another month to complete.
Interest rates remain on hold as data continues to show that any UK economic recovery remains patchy.
Figures out later this month could show that the UK has exited recession.
Many commentators have said that the economy probably expanded during the July-to-September period, citing rising house prices and a big rise in car sales.