The Finance Insider blog

Search This Blog

Blog Archive

The Finance Insider

Thursday, May 9, 2013

Bank of England keeps rates, QE unchanged.

 In keeping with consensus expectations, the Bank of England left rates unchanged at 0.5% Thursday and resolved to maintain the size of its asset purchases (£375B). Some say recent economic data including upbeat industrial output readings, suggest the British economy is on the mend. The BOE's policy committee has been divided of late regarding the need for more QE.

No comments:

Post a Comment