Bank of England keep rates at record low


The Bank of England voted to keep its benchmark bank rate unchanged at 0.5% on Thursday after the conclusion of its two-day Monetary Policy Committee (MPC) meeting.

The nine-member MPC has maintained the rate at 0.5%, a record low, since March 2009. Additionally, policymakers voted to keep the size of its asset purchase programme unchanged at £200 billion ($329 billion). Minutes from Thursday's MPC vote will be published on May 18.

The decision was largely expected by the markets. Earlier this

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