Bank voted 9-0 to keep rates, QE steady

Reuters
"All nine members of the Bank of England's Monetary Policy Committee voted to keep interest rates at a record low of 0.5 percent and maintain the 200 billion pound asset buying programme in December, as expected.Analysts do not expect any further expansion of the Bank's quantitative easing scheme -- pumping money into the economy by buying assets -- and are now looking for an indication of when the central bank might start to tighten monetary policy.Britain is showing signs of recovery after a year and a half of recession and, although it is lagging behind other economies, policymakers expect a return to growth before the year is out.Minutes of the Bank's December 9-10 meeting, published on Wednesday, showed the MPC felt little had changed since November when they expanded quantitative easing, mostly targeted at buying British government bonds, by 25 billion pounds."