BOE : boosted the size of its asset-purchase program by 50 billion pounds to a total of 325 billion pounds - Kedai Saham

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Thursday, February 9, 2012

BOE : boosted the size of its asset-purchase program by 50 billion pounds to a total of 325 billion pounds

The Bank of England's Monetary Policy Committee on Thursday boosted the size of its asset-purchase program by 50 billion pounds to a total of 325 billion pounds and voted to leave the central bank's key lending rate unchanged at a record low 0.5%. The bond-buying program is the centerpiece of the central bank's quantitative-easing strategy. Both moves were expected.
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