- The Bank of England's Monetary Policy Committee voted unanimously to keep interest rates at 0.5% and against more quantitative easing at a meeting earlier this month.
- In light of the MPC's forward guidance, it has agreed to reinvest £1.9B of cash flows associated with the redemption of the September 2013 gilt held in the bank's Asset Purchase Facility.
- The pound spikes vs the dollar and is +0.3% to $1.5949, while the FTSE barely shrugs and is +0.1%. (PR)
- ETFs - Stocks: FKU, EWU, EWUS, DXPS. Currency: GBB, FXB.
BOE united in keeping policy on hold
Sep 18 2013, 04:42 ET