Bank of England maintains 0.5% interest rate

As expected, the Bank of England left its benchmark interest rate at a record low of 0.5% and decided to keep its monetary-stimulus program at £325 billion. The central bank's decisions come amid mixed signals for the economy. Barclays Capital's Simon Hayes said economic factors indicate the possibility of more quantitative easing. "There remains a significant likelihood of more QE in May, especially if the activity indicators do not improve," Hayes said.

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