In a surprise setup, the Bank of England unanimously voted to keep benchmark rates unchanged at their policy meeting on August 3-4. These developments, per the release of the central bank's meeting minutes, are a bit of a surprise – considering this hasn't happened since May of last year. But, it also says something about where policy makers are headed.
Read the article here - http://forexalliance.com/2011/08/17/forex-majors/truth-bank-englands-decision/
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