United Kingdom BoE Asset Purchase Facility steadies at £375B

Jun 6, 2013

EUR/GBP 0.8500 with BoE unchanged

There was a strong consensus that the MPC would hold as they did in respect to Kings last meeting on asset purchases and rates.

BoE keeps rates, asset purchases unchanged

The Bank of England's Monetary Policy Committee on Thursday decided to keep the official bank rate at a record low of 0.5% for another month, where it has been since March 2009.