London, March 5--The Bank of England on Thursday voted to keep its main interest rate at 0.50 percent for a sixth year running, as Britain balances deflation fears against steady growth.
Policymakers decided also to maintain the level of quantitative easing cash stimulus at £375 billion ($572 billion, 517 billion euros), the BoE said in a statement at the conclusion of a two-day meeting.
"The Bank of England's Monetary Policy Committee at its meeting today voted to maintain Bank Rate at 0.5 percent," a statement said.
"The Committee also voted to maintain the stock of purchased assets financed by the issuance of central bank reserves at £375 billion."
Minutes of the meeting, outlining reasons behind the decisions, will be published on March 18.
afp
