BoE expected to keep interest rates on hold tomorrow

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BoE expected to keep interest rates on hold tomorrow

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09-09-2010, 04:19 AM

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BoE expected to keep interest rates on hold tomorrow

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% for the 19th consecutive month. Many economists expect no movement on interest rates until early 2011. Meanwhile, all nine members of the MPC are expected to keep the quantitative easing [...]

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