Bank of England boosts money supply but leaves rates unchanged

Bank of England boosts money supply but leaves rates unchangedLondon - The Bank of England (BoE) Thursday left interest rates unchanged at 0.5 per cent, a record low level set in March.

The bank's policy-making Monetary Policy Committee (MPC) also decided to pump a further 50 billion pounds (84.2 billion dollars) into the economy.

The MPC's decision to expand so-called quantitative easing (QE) to a total of 175 billion pounds underlined the caution with which members were judging recent signs of a still fragile economic recovery, analysts said. (dpa)