# United Kingdom BoE Asset Purchase Facility meets expectations (£435B) — Octa

> The Bank of England left its asset purchase facility at £435 billion and held its interest rate at 0.75%, both as expected. Sterling fell against the dollar after the announcement. Additional coverage was described as still developing.

- Date: 2019-06-20 · published 2019-06-20T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/58856-united-kingdom-boe-asset-purchase-facility-meets-expectations-435b-octa
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

The decision matched expectations, so its effect on sterling and the dollar was limited. It has no direct bearing on feed commodity supply or demand.

## Read by commodity

- GBPUSD: bearish ▼

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/716079/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.