British monetary policy chiefs look set to leave interest rates on hold today, deciding the economy needs no fresh help yet.
With recent economic indicators suggesting consumer spending is quite robust, the Bank of England's Monetary Policy Committee is expected to leave its benchmark rate at 5.25 per cent. The MPC will announce its decision at around noon.
With the British election tomorrow, any rate cut would also risk being seen as political by heaping good economic news on the Labour Party, which is way ahead in the polls.