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The data dampened market hopes for another interest rate cut at the central bank's policy review June 17.
The international economic outlook will remain the main concern for the bank and would be the motive for another interest rate cut, he said.
In addition, investors are now likely to have to wait until March 20, the next scheduled meeting of Federal Reserve policy makers, for another interest rate cut.
"Overall, the services survey clearly adds weight to the case for another interest rate hike, possibly as early as February," said Howard Archer at Global Insight.
With the economy already flagging, the Mers outbreak is adding pressure for another interest rate cut, possibly as soon as the central bank's next policy meeting on 11 June.
The inflation rate in Britain unexpectedly fell last month below the Bank of England's 2 percent target for the first time since March 2006, weakening the case for another interest rate increase.
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Continued growth in the housing market may persuade the Bank of England's Monetary Policy Committee to vote for another interest-rate rise as early as next month, economists said today.
This resulted in an annual core-inflation rate of 2.4% too high for the Federal Reserve's comfort and a cue for another interest-rate hike when the central bankers next meet, on June 29th, and perhaps after that, too.The American economy also appears to be slowing, however.
The name FF Gaiden: Alternative is also a nod to anime, another interest for the pair, as in Japanese "gaiden" refers to a side story, a spin-off narrative set within a larger fictional world.
Rail's fall from grace, and the demand that it live within its means, could have come at an unfortunate moment for another transport interest.
Treasury Prices Rise (Reuters) -- Treasuries rose yesterday after a report showed that the struggling manufacturing sector was stabilizing but still mired in a nine-month recession, supporting expectations for another deep interest rate cut by the Federal Reserve this month.
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