BOE Alludes to 'Brexit' Threat in Holding Rate Steady

The Bank of England has, for the first time, officially expressed its opinion on the economic impact of the upcoming referendum, highlighting uncertainties. The bank's outlook is compared to the Federal Reserve, noting that while the domestic economy appears stable, external factors, particularly emerging markets, show signs of slowdown. Despite market speculation about potential interest rate cuts, the Bank of England's recent minutes do not indicate any immediate plans for such measures, maintaining a cautious stance amid ongoing economic uncertainties.

What was notable about the minutes discussed in relation to interest rate cuts?

What does the text suggest about the Bank of England's stance on potential interest rate cuts?