BOE: Leaves rates, QE stock unchanged in unanimous...>

BOE: Leaves rates, QE stock unchanged in unanimous vote at March meet

--Bank Rate unchanged at 0.75%, QE stock unchanged at combined stg445bn

--BOE leaves language regarding Brexit unchanged from Feb minutes

--Monpol response to Brexit 'not automatic' could be 'either direction'

--Sees inflation close to target over coming months

--No comment on market rate expectations

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The Bank of England voted unanimously to leave rates and QE unchanged, 

but in line with market expectations. The MPC had little to add to the 

monpol debate post-Brexit, maintaining the line that any policy decision 

to any Brexit outcome would not be an automatic one, and there were 

scenarios when rates could move in either direction. The MPC again said 

if the economy continued to develop in line with the Feb Inflation 

Report projections, an ongoing tightening over the forecast period would 

be appropriate, at a limited and gradual pace.