Baku - APA-Economics. The Bank of England has left its main interest rate at 0.25% but says another cut is still a possibility, BBC News reported.
The decision of the Monetary Policy Committee (MPC) to leave rates at their new, historically low, level was no surprise.
The MPC also voted to stick with the expansion of its quantitative easing (QE) policy, which it announced in August.
That means the bank will now buy an extra £60bn of government bonds - taking the total to £435bn - along with a further £10bn of corporate bonds, as part of its continuing attempts to keep the economy from sliding into recession.
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