Thursday, June 20, 2013   

Bank of England keeps rates on hold
(01-10 20:27)

The Bank of England said it had voted to keep its key interest rate at a record-low 0.50 percent and to maintain its level of quantitative easing cash stimulus pumped into the British economy. “The Bank of England's Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank reserves at 0.5 percent,'' it said.
   
Other Business breaking news:
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Ex-Citigroup exec Froman becomes US trade rep (1 hr 34 mins ago)
New Zealand reports tepid growth (1 hr 43 mins ago)
Fed winces at unemployment, predicts 2.3pc economic growth (2 hrs 1 min ago)
Street tumbles after Fed signals bond tapering (2 hrs 8 mins ago)
Dolce and Gabbana convicted of tax fraud, evade jail (2 hrs 14 mins ago)
Hermes accuses LVMH of using secret financial deals to build up 22.6pc stake (06-19 20:31)
Japan posts wider trade deficits (06-19 19:03)
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More breaking news >>

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