Bank of England meeting could discuss cutting interest rates

A recent run of bad news on the economy may have chipped away at Mark Carney and other policymakers' certainty on the path for interest rates

The Bank of England's interest rate setters meet against a gloomy economic backdrop this week that could prompt at least one policymaker to push for a cut in borrowing costs to shore up stalling growth.

The nine-strong monetary policy committee (MPC) is not expected to make any changes to the record low base rate of 0.5% on Thursday. But investors will be scouring minutes of the latest meeting and the Bank's new forecasts for the economy released at the same time for clues as to whether the next move will be up or down.