Pound Is Little Changed Versus Dollar Before BOE Policy Decision
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The pound was little changed against the dollar before Bank of England policy makers announce the result of their monthly meeting.
Sterling was also little changed versus the euro as the National Statistician said the U.K. should maintain its current approach to calculating its retail price index. The Monetary Policy Committee will keep the benchmark interest rate at a record-low 0.5 percent and the asset-purchase target at 375 billion pounds ($601 billion), separate Bloomberg News surveys show, before the decision is announced at noon in London.