Bank of England retains low rates and stimulus programme

LONDON – The Bank of England policy makers Thursday decided to leave the key borrowing interest rates unchanged at 0.5 percent, the level it has been at since March 2009, in order to continue the stimulus to growth. The Monetary Policy Committee (MPC) of the Bank of England also voted to retain the 375billion pounds monetary stimulus it is providing through its Quantitative Easing …

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