BoE keeps monetary policy unchanged

Source: ABC News
After the Thursday meeting, the Bank of England decided to keep the monetary policy unchanged, as the economy of the U.K. shows clear signs of a solid recovery. The BoE policymakers did not change the main interest rate, keeping it at 0.5%, while asset purchases remained at 375 billion pounds. The BoE will probably change the policy, when jobless rate shrinks to 7%.

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