Bank of England keeps rates steady, promises more asset purchases if needed
The Bank of England kept its
key interest rate at a record-low level of 0.1% on Thursday and
said it was ready to expand its asset purchases further if
needed to support the economy or guard against an unwarranted
tightening of financial conditions.
key interest rate at a record-low level of 0.1% on Thursday and
said it was ready to expand its asset purchases further if
needed to support the economy or guard against an unwarranted
tightening of financial conditions.
Posted by Reuters
