Bank keeps rates low but hints at further stimulus

The JournalJune 05, 2009

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.. (0191) 201-6139 .. peter.mccusker@ncjmedia.co.uk

RATE-SETTERS held back from further aid for the economy as the Bank of England paused for breath in its battle against recession.

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Bank keeps rates low but hints at further stimulus

The Monetary Policy Committee (MPC) held interest rates at their 0.5% record low, with no increases in its pounds 125bn prog...

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