Investing.com - The Bank of England kept its benchmark interest rate unchanged in September and announced no change to its asset purchase facility program, it said on Thursday.
The BoE said it was holding the benchmark interest rate at 0.50%, in a widely expected move.
The central bank also said it was to maintain the stock of asset purchases financed by the issuance of central bank reserves at £375 billion.
The minutes of the meeting of the central bank’s monetary policy committee will be published on Wednesday, September 17.
Two monetary policy board members voted for a rate hike in August, marking the first time since 2011 that any member voted in favor of raising rates.
GBP/USD was trading at 1.6441 from around 1.6451 ahead of the announcement, while EUR/GBP was at 0.7984 from 0.7980 earlier.
Meanwhile, European stock markets remained mostly higher. London’s FTSE 100 tacked on 0.25%, the DJ Euro Stoxx 50 rose 0.3%, France's CAC 40 advanced 0.2%, while Germany's DAX slumped 0.1%.