New BoE chief sees interest rates kept on hold

Jul 04, 2013, 11:16 AM

Mark Carney's first Monetary Policy Committee meeting as Governor of the Bank of England has produced a familiar outcome. The base rate of lending has been maintained at 0.5% whilst the MPC opted against pumping further new money in to the economy. #Alpari's James Hughes gives us the immediate reaction from the City. http://www.alpari.co.uk