Wed, 23 Nov 2011 14:04:09 GMT
UK: Monetary Policy Committee will not change interest rates
The Bank of England's Monetary Policy Committee supported the
decision about sustaining the interest rate at 0.5% and leaving the amount of
asset-purchase strategy at 275 billion pounds. Last month the bank expanded the
size of the strategy by 75 billion pounds as part of its quantitative-easing
program. However, worsening situation in the euro-zone increases the level of
risk and the bank decided to stick