Thursday preview: Lots of interest in the BoE meeting

On Thursday, the Bank of England announces its interest rate decision and for the first time in years, we cannot blithely assume that the rate will be kept the same.

On Thursday, the Bank of England announces its interest rate decision and for the first time in years, we cannot blithely assume that the rate will be kept the same.

The terrible second quarter gross domestic product number has raised the prospect of the Bank's Monetary Policy Committee (MPC) countenancing a halving of the current rate, to 0.25%. However, most pundits expect the MPC to stand pat, to see what effect the recent topping up of the asset purchase pot will have.

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