Bank of England Leaves Interest Rates, Asset Buying Unchanged
The interest rate decision was widely expected by economists. Still, mixed economic data and a divided policy-making board mean that the future is uncertain for the asset-buying program.
These factors, along with the recent statements of the Federal Reserve and the Bank of Japan, may prompt the Bank of England to extend or increase its stimulus measures.
British house prices slid a record 3.6% in September, according to mortgage lender Halifax.