The Bank of England will on Thursday announce the decisions made at the June meeting of its Monetary Policy Committee, and it is likely to be a pretty straightforward, uneventful affair. It is widely expected that there won't be any change to the bank's monetary policy, with interest rates set to stay at a record low of 0.25%, and the bank's QE programmes capped at £435 billion, despite the surge in the rate of inflation to the highest level since mid-2013. Falling sterling has pushed up the price of importing goods, passing through to everyday items that regular Brits buy. This is now showing up in official ... (full story)