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Bank of England leaves asset-buying total, rates unchanged

From reuters.com

The Bank of England voted against restarting its bond buying on Thursday and left interest rates at a record low, bringing to a close Governor Mervyn King's final Monetary Policy Committee meeting. The decision to leave policy unchanged before the arrival next month of King's successor, former Canadian central bank chief Mark Carney, was widely expected by economists, as recent data suggests Britain's recovery is gathering strength. King, who is retiring from the bank after a 20-year career at the BoE, has argued since February, along with two other policymakers, for an extra 25 billion pounds ($38 billion) of bond ... (full story)

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