EDGE Dallas

Bank of England policy makers have begun their last monthly meeting to determine the level of interest rates and money supply before an anticipated tight general election that will likely hinge on the fragile state of the British economy.

The Bank of England took a "wait and see" stance Thursday on the country’s hesitant economic recovery, holding interest rates at a record low of 0.5 percent and keeping its asset-purchase program to boost the money supply on ice.