The is expected to keep interest rates steady for the fourth consecutive meeting today after borrowing costs spiraled to a 22-year high. But there is now a 65 per cent chance of a rate cut in March - on the back of promising economic data, according to interest rate traders.Officials will announce their decision at 2pm. Economists predict there is little chance of a cut this month - meaning rates will remain at their current level of between 5.25 and 5.5 percent.
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