BOE MPC kept rates unchanged as expected

FXStreet (Mumbai) - The Bank of England (BOE) Monetary Policy Committee (MPC) at its meeting today voted to maintain Bank Rate at 0.5%.

The Committee also voted to maintain the stock of the purchased assets financed by the issuance of central bank reserves at GBP 375 billion. The previous change in Bank Rate was a reduction of 0.5 percentage points to 0.5% on 5 March 2009.