LONDON (MNI) – The Bank of England Monetary Policy Committee left
both the total amount of quantitative easing unchanged at stg200 billion
and Bank Rate unchanged at 0.5% following its monthly meeting today.
The decision was in line with market expectations, with almost
no-one in the markets anticipating any change to the current emergency
settings of monetary policy.
That view has been reinforced of late by signs of emerging strength
in the economy. The BOE also seemed to drop its previous pro-forma
statement that the scale of the QE programme would be kept under review.
–London newsroom: 4420 7634 1623 email: ukeditorial@marketnews.com
[TOPICS: M$B$$$,M$$BE$,MABPR$]
