No change in Quantitative Easing Policy leaving it at GBP 175 billion. Bank of England expects the QE program to take at least one more month to complete and the scale of the program to be kept under review. Sterling on the news spiked to 1.6091 for an instant then dropped to 1.6040.
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Bank of England leaves UK interest rates unchanged as expected
Bank of England leaves UK interest rates unchanged as expected
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