BoE expected to keep interest rates and QE on hold

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BoE expected to keep interest rates and QE on hold

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11-04-2010, 05:36 AM

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BoE expected to keep interest rates and QE on hold

The Bank of England’s Monetary Policy Committee (MPC) is tomorrow expected to keep UK interest rates on hold at the historically low level of 0.5%, where they have been since March 2009. Furthermore, it is expected to hold off, for the short-term at least, with its quantitative easing (QE) programme. Recent strong data from the [...]

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