Bank of England, ECB Hold Rates Steady

Updated from 7:18 a.m. EDT

LONDON ( TheStreet) -- The Bank of England held interest rates steady at a record low 0.5% for the 20th straight month.

The BOE also made no changes to its asset-purchase program of 200 billion pounds ($319 billion).

The European Central Bank also left its main interest rate unchanged at 1%.

-- Written by Joseph Woelfel

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