Friday 8 January 2010

Bank of England leaves interest rates unchanged

The Times
"Interest rates were left unchanged at 0.5 per cent by the Bank of England yesterday, as the Monetary Policy Committee (MPC) kept the price of money at record lows to stimulate the flagging economy.Members of the committee said that they intended to continue with the £200 billion programme of quantitative easing, pumping cash into the financial system until the completion of the scheme next month."

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