Although the Bank of England has considered cutting interest rates below the record low level of 0.5%, some economists believe the Bank prefers to use quantitative easing. That involves injecting more money directly into the economy to help stimulate growth.
With the latest extension of QE launched only last month, there was no great expectation for any new announcements from the MPC today... However, the outlook for the UK economy remains fragile, particularly in light of the disappointing official data for the first half of the year and the recent slowdown in global momentum.
More top news
A dry night ahead, with any showers fading away.
Global warming and a strong El Nino weather system has sparked mass coral bleaching, experts warn.
Much of the commentary online focused on Chris Evan's co-host and former Friend's actor Matt LeBlanc.