Bank of England Leaves Interest Rates, Asset Buying Unchanged
by Hugh Collins on Oct.07, 2010, under Towing
The Bank of England left interest rates at 0.5% for the 20th month in a row and maintained its asset-buying program unchanged, Reuters reported.
The interest rate decision was widely expected by economists. Still, mixed economic data and a divided policy-making board mean that the future is uncertain for the asset-buying program.
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The U.K economy posted growth of 1.2% in the second…
Continue reading Bank of England Leaves Interest Rates, Asset Buying Unchanged
Bank of England Leaves Interest Rates, Asset Buying Unchanged originally appeared on DailyFinance on Thu, 07 Oct 2010 07:45:00.
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