6 Jun 2013
BoE keeps rates, asset purchases unchanged
FXstreet.com (Córdoba) - The Bank of England's Monetary Policy Committee on Thursday decided to keep the official bank rate at a record low of 0.5%, where it has been since March 2009, for another month.
The BoE also voted to maintain the amount of asset purchases at £375 billion. The previous change in the size of QE was an increase of £50 billion to a total of £375 billion in July 2012. Both decisions were expected by most analysts.
The BoE also voted to maintain the amount of asset purchases at £375 billion. The previous change in the size of QE was an increase of £50 billion to a total of £375 billion in July 2012. Both decisions were expected by most analysts.