BoE stands pat, expects GDP to recover rapidly towards pre-Covid levels over 2021

<p>BoE kept monetary policy unchanged as widely expected. Bate Rate is held at 0.10%. Total target stock of asset purchases also stayed at GBP 895B. Both decisions were made with unanimous votes. The central bank pledged that, &#8220;if the outlook for inflation weakens, the Committee stands ready to take whatever additional action is necessary to [&#8230;]</p> <p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/358054-boe-stands-pat-expects-gdp-to-recover-rapidly-towards-pre-covid-levels-over-2021/">BoE stands pat, expects GDP to recover rapidly towards pre-Covid levels over 2021</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>