The bank kept its benchmark interest rate at 0.5 percent and stuck to its plan of buying bonds with newly printed money after recent data quashed earlier hopes of a recovery.
Bank of England Leaves Key Rate UnchangedCourtesy NYT > Business Thu, 07/09/2009 - 05:48
The bank kept its benchmark interest rate at 0.5 percent and stuck to its plan of buying bonds with newly printed money after recent data quashed earlier hopes of a recovery. Related itemsBank Of England 'Saved UK From New Recession'
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