Posen
Bank of England Leaves Policy Settings Unchanged as Expected
January 13, 2011
The Bank of England web site has confirmed that the Monetary Policy Committee left the Bank Rate at 0.5%, its level since March 2009, and did not expand the GBP 200 billion ceiling on the Asset Purchase Program, which was completely met at the end of January 2010. The Bank’s statement, as usual, said nothing […] More