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Pound Surges After BOE Keeps Rates Unchanged, Warns “Withdrawal Of Stimulus Is Likely” In Coming Months

As expected, the BOE kept its interest rate unchanged at 0.25%, in a 7-2 vote, while maintaining the rest of its bond monetization programs in line in a 9-0 vote.

MPC holds #BankRate at 0.25%, maintains government bond purchases at £435bn and corporate bond purchases at £10bn.

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