BOE to decide about monetary policy on Thursday

Source: Reuters

The Bank of England will face an important decision on Thursday when it has to choose whether to maintain the loan rate unchanged or loosen its monetary policy in order to stimulate the British economy. The poll released by Reuters showed a 40% chance of the bank's decision of more quantitative easing which pushed the Pound to its lowest level in 2-1/2 years against the U.S. dollar.


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