BoE's MPC voted 7-2 to hold benchmark interest rate at 0.5% in June; Dale and Weale voted for 25 basis points hike

BOE COMMENTS

- MPC judges downside risks to medium term inflation have risen in past month, upside risks stable
- GDP growth weak, lastest data suggests likely to be below historic average in middle of 2011
- Public inflation expectations more firmly rooted than might have been expected