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The Bank of England maintains its benchmark rate at 0.5% and does not add on to its asset...

The Bank of England maintains its benchmark rate at 0.5% and does not add on to its asset purchase program.
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  • Rupert Nicholson
    , contributor
    Comments (347) | Send Message
     
    A good move by the Bank of England. QE right now would just destabilize the pound. The pound is in a good position right now for England to thrive. Not too high against other currencies, and not too low. However, maybe the 0.5% benchmark rate should be raised, but im sure the Bank of England have much more information then I do to rule on that
    7 Jun 2012, 08:39 AM Reply Like
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