Summary
THE Bank of England has kept interest rates at a 0.5% record low and yesterday said it would not boost its pounds 175bn quantitative easing scheme any further after injecting pounds 50bn a month ago.
The decision comes amid encouraging economic signs, such as recovering manufacturing output and stock markets reaching their highest level in a year.See the full content of this document
Extract
No Change in Interest Rates
Bank governor Mervyn King stunned markets last month a...
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