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

he Bank of England (BoE) maintained 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 to take another two months to complete. The scale of...