BOE Rate Decision: Bank of England keeps its bank rate at 0.5%, as expected. Raises bond buying...

|By:, SA News Editor
BOE Rate Decision: Bank of England keeps its bank rate at 0.5%, as expected. Raises bond buying program to £200B from £175B. Says "banks’ funding conditions have improved, though financial conditions remain fragile." Notes "a number of indicators of spending and confidence, however, suggest that a pickup in economic activity may soon be evident."