Bank of England Leaves Rates At 0.5%

The Bank of England is leaving it’s key interest rates at an all time low of 0.5% today. The Monetary Policy Committee also announced no change to the central bank’s ongoing run of asset purchases, the money-creating measure that makes up its quantitative-easing program. In general, economists widley expected both decisions today as England still works on climbing out of the bottom. Either way we wanted to share the news as always. Watch the GBP/USD closely today – currently it’s falling on the news.