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Sep
09
2011

BOE left interest rates at 0.5percent

08 September 2011



Britain's central bank left interest rates at a record low 0.5 percent for the 30th straight month, leaving open the possibility that it may restart its quantitative easing programme should the economy weaken further. The Bank of England issued no statement with its decision, and it will be two weeks before minutes to the decision reveal whether any other policymakers joined long-standing dove Adam Posen in calling for more asset purchases.

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