Bank Of England Keeps Stimulus On Hold

Mark CarneyMark Carney, the governor of the Bank of England, attends a monetary policy committee (MPC) briefing on his first day at the central bank’s headquarters in London July 1, 2013.

Bank of England holds its asset purchase program at 375 billion and maintains its interest rate at 0.5%.

It will publish review on forward guidance on August 7 with the inflation report.

This was in line with expectations.

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