Market Comment | Positive mood remains in markets despite BoE’s leaving rates on hold.

Summary

BOE unexpectedly leaves interest rates on hold. The BoE decided today to maintain interest rates unchanged (only one of the nine members voted to cut interest rates) and (unanimously) to maintain the stock of purchased assets unchanged  at £375 billion. No new measures were announced, but the Committee expect to loosen monetary policy in August, […]

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