Thu, 10 May 2012 14:11:10 GMT
Bank of England leaves bank rate and asset purchase program unchanged
Monetary committee of Bank of England left interest rate paid for reserves of commercial banks at 0.5%. Asset purchase program remained at previous, GBP 325b, level. Last time bank rate was changed in March 2009. It was lowered by 0.5% to current level. Asset purchase level was previously increased by GBP 50b in February 2012.