Updated from 7:13 a.m. EST

NEW YORK ( TheStreet) -- The Bank of England on Thursday left its base interest rate at a record low of 0.5%, as expected, and the European Central Bank followed suit keeping its key lending rate unchanged at 1%, also a record low.

The BOE also left on hold its asset purchase program of 200 billion pounds ($315.4 billion).

-- Written by Joseph Woelfel

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