Statement: Bank of England keeps interest rate at 0.50%
Arab Today
The Bank of England voted to keep its key interest rate at a record-low level of 0.50 percent, it said on Thursday following its monthly monetary policy meeting. BoE policymakers decided also to maintain at £375 billion ($598 billion, 442 billion euros) the amount of cash stimulus that the central bank is pumping around the British economy, a statement said.
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