BOE Holds Rate, QE Target, But Ready To Provide Stimulus
The Bank of England (BOE) maintained its Bank Rate at 0.5 percent and the 375 billion pound target for asset purchases, as expected, but added that it was ready to provide additional stimulus and did not want to derail the slow economic recovery by tightening policy to bring inflation back to target. [...]
The Bank of England (BOE) maintained its Bank Rate at 0.5 percent and the 375 billion pound target for asset purchases, as expected, but added that it was ready to provide additional stimulus and did not want to derail the slow economic recovery by tightening policy to bring inflation back to target.
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