Bank of England Keeps Rate at 0.50%, APP at 275B

The Bank of England (BoE) held the Bank Rate at a record low stimulatory level of 0.50%, and continued with its Asset Purchase Program (Quantitative Easing) target of GBP 275 billion, after increasing it by 75 billion at its October meeting. On its asset purchase program, the Bank said: "The Committee expects the announced programme of asset purchases to take until early February to...