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.
According to the minutes, two members saw the decision as "finely balance", while one member saw the next move roughly as likely to be loosening policy.
GBP/USD was trading at 1.5416 from around 1.5374 ahead of the release of the data, while EUR/GBP was at 0.7394 from 0.7416 earlier.
Meanwhile, European stock markets remained broadly higher. London’s FTSE 100 tacked on 0.15%, the EURO STOXX 50 rose 0.9%, France's CAC 40 advanced 0.95%, while Germany's DAX picked up 0.65%.
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BOE minutes show unanimous 9-0 vote to keep rates on hold
Published 02/18/2015, 04:36 AM
BOE minutes show unanimous 9-0 vote to keep rates on hold
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