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 w