BoE keeps rates steady, ends bond-buying programme

The Monetary Policy Committee of the Bank of England voted to keep its benchmark interest rate on hold and end its bond-purchase programme. The UK economy has shown signs of growth after the worst recession in more than 50 years. Analysts had expected the central bank to suspend its quantitative-easing efforts, but further easing remains a possibility. The moves did not appear to have major effects on the UK government-bond market.

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