Sensing a pick-up, BoE keeps rates steady as Carney bows out
Share:
LONDON (Reuters) - The Bank of England kept interest rates steady at Governor Mark Carney's final policy meeting as it saw signs of a post-election pick-up in growth which weakened the case for immediate action to help the lacklustre economy.Financial markets had seen a 50% chance of a cut on Thursday, which would have echoed moves last year by the U.S. Federal Reserve and the European Central Bank.But the Monetary Policy Committee (MPC) again split 7-2 in favour of keeping Bank Rate at 0.75%,..