Investing.com - Minutes from the Bank of England's most recent policy meeting released Wednesday showed that the Monetary Policy Committee voted unanimously to keep rates on hold and its quantitative-easing program unchanged.
The minutes showed all nine members were in favor of leaving the key interest rate at a record low of 0.5% and making no changes to the central bank's £375 billion asset-purchase program.
Martin Weale and Ian McCafferty dropped their vote for a 0.25% hike in the benchmark rate to 0.75% for the first time in six meetings.
GBP/USD was trading at 1.5084 from around 1.5154 ahead of the release of the data, while EUR/GBP was at 0.7674 from 0.7639 earlier.
Meanwhile, European stock markets remained mixed. London’s FTSE 100 tacked on 0.6%, the EURO STOXX 50 shed 0.1%, France's CAC 40 declined 0.1%, while Germany's DAX slumped 0.2%.
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BOE minutes show unanimous 9-0 vote to keep rates on hold
Published 01/21/2015, 04:40 AM
BOE minutes show unanimous 9-0 vote to keep rates on hold
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