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Bank of England (BoE) Leaves Rates Untouched as Sterling Rallies Further on EU-UK Talk Optimism 2020-12-17 12:17:00 Nick Cawley, Strategist
Bank of England (BoE) and Sterling (GBP/USD) Price, Analysis and Chart:
Bank of England leaves rates and quantitative easing unchanged.
Sterling hits a two-and-a-half-year high against the US dollar. Advertisement
The Bank of England (BoE) left all policy measures unchanged at its last meeting of the year, in line with market expectations. The BoE’s quantitative easing program remains at GBP895 billion after an additional GBP150 billion was announced at the November meeting. The term funding scheme has been extended by six months.