What to expect from today’s Bank of England decision By Investing.com
By Samuel Indyk Investing.com – The Bank of England is today expected to unanimously keep the bank rate on hold at a record low of 0.1%. The central bank will also unanimously vote to keep its QE total unchanged but they could slow the pace of purchases as the economy continues to show signs of improvement. The Bank of England has been purchasing £4.44bln worth of bonds three times a week since August last year, taking total purchases to around £798bln, around £77bln below the full envelope which it plans to reach by the end of...
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