The Bank of England makes no change to monetary policy, as expected - the interest rate is still at a record low and Quantitative Easing is at the same levels.
But the Bank has warned that inflation will rise in the near term but will fall back later.
More top news
Hollywood actor Mickey Rourke made a return to the boxing ring today aged 62, defeating an opponent less than half his age.
Poland has warned the UK that it will block any plans to discriminate between British and EU citizens.
The world's biggest ritual animal slaughter has begun in Nepal, amid protests. Readers may find images in this article distressing.