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BoE keeps policy unchanged

FXStreet (Córdoba) - At today’s meeting, the Bank of England decided to leave its monetary policy unchanged with the Bank rate at 0.5%, where it has stood since March 2009.

The Monetary Policy Committee of the Bank of England also decided to leave the Asset Purchase Facility at £375 billion. The previous change in the size of that programme was an increase of £50 billion to a total of £375 billion on 5 July 2012.

The market will have to wait for the minutes to be published on Wednesday October 22 to see if the hawks of McCafferty and Weale managed to persuade any other members into hiking rates.

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