Europe Breaking News: Bank of England Hints Policy to Remain Loose

wochit news
July 04, 2013 AT 10:43 AM
The Bank of England refrained from pumping more money into the U.K. economy, citing signs of growth,as it held its first meeting since the arrival of the new governor, Mark Carney. But stocks rallied on expectations the central-bank will keep its monetary-policy loose for some time.