Bank of England says to keep interest rate at 0.50%
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LONDON (AFP) - The Bank of England voted on Thursday to keep its main interest rate at a record-low level of 0.50 per cent, in a context of low inflation and steady economic recovery in Britain.
The central bank's nine-strong monetary policy committee opted also to maintain the level of its cash stimulus, or quantitative easing, at #375 billion ($608 billion, 476 billion euros), the BoE said in a statement issued following a regular monthly meeting.
