BoE stays on hold, as expected

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 market will have to wait for the minutes to be published on Wednesday September 17 to see if the hawks of McCafferty and Weale managed to persuade any other members into hiking rates.