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Friday, March 11, 2011

UK Interest Rate unchanged

Friday, March 11, 2011
The Bank of England, despite concerns of rising inflation in line with marketexpectations of 0.5 percent benchmark interest rate did not change.

The Central Bank, in support of the global economic crisis to increase during therecession in the economy in March 2009 to 0.5 per cent since that time hath not change the benchmark interest rate.

£ 200 billion asset purchase program Bank also kept constant in size.

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