BOE keeps rate
Source: Agencies |
June 8, 2012, Friday
|
Print Edition
Print Edition
THE Bank of England kept its base interest rate at the all-time low of 0.5 percent yesterday and chose not to approve any additional monetary stimulus, despite worries over Britain's sluggish economy.
With the UK economy officially in recession after two quarters of shrinking gross domestic product, some analysts had suggested that the BOE may have been tempted to approve additional stimulus.
The announcement from the BOE's Monetary Policy Committee means the country's stimulus program of asset purchases remains at 325 billion pounds (US$524 billion).
With the UK economy officially in recession after two quarters of shrinking gross domestic product, some analysts had suggested that the BOE may have been tempted to approve additional stimulus.
The announcement from the BOE's Monetary Policy Committee means the country's stimulus program of asset purchases remains at 325 billion pounds (US$524 billion).
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
