Sept 13 Reuters An interest rate cut from the Bank of England next week looks unlikely but investors will be watching its September meeting for clues about future moves, as well as a decision over the pace of its bond sales a hot political topic.

All 65 economists in a Reuters poll said the BoE will likely hold rates at 5.0 on Sept. 19, after cutting from a 16year high of 5.25 in August.

News on price pressures has been mixed. Wage growth cooled as members of the Monetary Policy Committee expected last month and the economy failed to grow in July.

But the Decision Maker Panel  a business survey favoured by the MPC showed wage growth expectations stopped falling, and data on Wednesday will likely show inflation above the central bank39;s 2 target.

Markets on Thursday priced in a roughly oneinfive chance of an interest rate cut next week, with a 0.25 percentage point reduction fully priced for November.

With British wage growth and services inflation riding high, investors think the BoE will loosen policy by less than the U.S. Federal Reserve over the next year and similarly to the European Central Bank although the ECB has already cut rates twice this year, including a day ago.

Economists at Nomura said the BoE39;s close 54 vote in August and healthy business surveys pointed to a hold next Thursday.

We see the MPC skipping this month39;s meeting and cutting interest rates again only in November, they said, adding that the MPC39;s Swati Dhingra was likely to be…