Interest rates have been held by the European Central Bank and the Bank of England.
UK interest rates have been kept at a record low of 0.5% by the BoE's Monetary Policy Committee.
The BBC reports inflation in Britain is currently at 4%, double the bank's target rate.
Separately, the European Central Bank also held rates for the eurozone, after raising them from 1% to 1.25% last month.
The bank also kept the marginal lending rate and the deposit rate, unchanged at 2% and 0.5%.
ECB president Jean-Claude Trichet said the decision to keep them on hold was unanimous.
Figures issued at the end of last month showed inflation rose in the eurozone from 2.7% to 2.8%.