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LONDON, July 14 (Xinhua) -- The Bank of England (BoE) Thursday decided to keep its main interest rate, or Bank Rate, unchanged at 0.5 percent, despite speculation it would cut rates.


The central bank also kept the quantitative easing (QE) policy at 375 billion pounds (or 500 billion U.S. dollars).


Mark Carney, the governor of BoE, had indicated a cut in the bank rate from its record low of 0.5 percent days before. "The economic outlook has deteriorated and some monetary policy easing will likely be required over the summer," said Carney.


Many economists expected BoE would cut the bank rate this month. But the Monetary Policy Committee (MPC) voted 8 to 1 to leave rates unchanged. Only one member of the MPC, Jan Vlieghe, voted for a rate cut this month.


"The MPC's decision to leave interest rates and its stock of asset purchases unchanged today disappointed markets -- and us," said Jonathan Loynes, chief European economist at economic research consultancy Capital Economics.


Loynes believed it was now vitally important the decision met expectations, with market confidence fragile.


MPC meeting minutes showed the committee was committed to taking whatever action is needed to support growth and to return inflation to the target over an appropriate horizon. Most members of the committee expected monetary policy to be loosened in August.


"We expect a 0.25 percent rate cut in August and also a 75-billion-pound expansion of the QE program, perhaps also in August. But having disappointed the markets once, the committee may now have to work harder than otherwise to sustain the sanguine response to the Brexit vote," said Loynes. Enditem

File photo of the Great Wall

Perhaps there's no other city in the world that makes you feel the weight of history quite like Beijing.


The Forbidden City Cheap Nike Shox Gravity Men's Running Shoes All Black , Tian'anmen Square, the Temple of Heaven and Cheap Women's Nike Air Max 270 Triple White , of course, the Great Wall are famous attractions providing insight into different periods of Chinese history that have helped shape the country. Retracing the steps of ancient emperors Cheap Men's Nike Air Max 270 Flyknit Triple White , late Chairman Mao Zedong and the thousands of workers who built the world's longest wall can make one feel rather small when looking at the grand picture of what they accomplished.


Travelers from 45 countries can now take advantage of a 72-hour, visa-free policy provided they have visas and flight tickets to a third country.


Three days isn't enough time to see everything Beijing has to offer and this guide for first time visitors to the city omits major attractions like the Summer Palace. But read on for an action-packed schedule that gives a good idea of how much can be done in 72 hours.


1pm-4pm


The first stop is Tsinghua University. China's top university attracts thousands of teenagers each summer with many dreaming of being admitted to this prestigious university in the future.


But for casual travelers Cheap Men's Nike Vapormax Flyknit Grey , the university's appeal is its beautiful mix of ancient and modern buildings and lush landscaping. In 2010, Forbes magazine called it one of the most beautiful college campuses in the world after interviewing a panel of architects.


The campus is part of what was once the Qing Dynasty (1644-1911) royal garden and some ancient buildings remain today.


The ancient constructions Cheap Men's Nike Air VaporMax Flyknit Blue Orbit , Chinese-style bonsai, pavilions and lush vegetation hark back to a bygone era when emperors consorted with various concubines in the garden.


Tsinghua also boasts a number of Western-style buildings that date to the early 1910s.


6pm-8pm


Tsinghua University is not far from the National Olympics Stadium and National Aquatics Center. Take bus No. 86 to pop over there.


Although the Beijing Olympics are a thing of the past Cheap Women's Nike Air Max 97 UL '17 Triple White , many tourists still flock to the stadiums to recall the historic event and check out these unique structures. The national stadium was quickly christened the Bird's Nest due to its shape and the aquatic center became known as the Water Cube.


Both look more spectacular at night as they have a futuristic look that wouldn't be out of place in the film "Blade Runner."


8:30am-1pm


The Forbidden City highlights day two. It features ancient ceremonial halls used by Ming (1368-1644) and Qing dynasty emperors. It also housed the private residences of China's royal family and the servants that catered to their every whim. Plan on spending half a day roaming around the grounds.


The Forbidden City consists of an impressive 980 buildings. Highlights include the Hall of Supreme Harmony, Hall of Central Harmony Cheap Nike Air Max 97 Ultra' 17 Metallic Silver , and Hall of Preserving Harmony.


The inner court was the home of the emperor and his family. During the Qing Dynasty, emperors lived and worked almost exclusively in the inner court with his wife and concubines.


Audio guides in 23 languages are available at the entrance and it's well worth the price Cheap Men's Nike Air Max 97 Barely Rose , which ranges from 20 yuan (US$3.2) to 40 yuan depending on the language. The audio guide brings the Forbidden City to life as you stroll around the grounds.


It's closed on Mondays except during July and August and on statutory holidays. A ticket to the Forbidden City is 60 yuan and it opens from 8:30am to 5pm.


Download a palace map at http:www.dpm.orgindex1280800 and plan your own route before you go.


1pm-2pm


After exiting the Forbidden City through the Gate of Divine Might, cross the street to enter Jingshan Park — tickets are 10 yuan. It boasts the best views of central Beijing.


It takes about 10 minutes to reach the top of the hill. Looking to the south provides a great view of the Forbidden City Cheap Men's Nike Air Max 97 Triple White , which was designed in such a way that no one on the hill would be able to see any people within its walls.


To the west is Beijing's central business district with clusters of skyscrapers. To the southwest lies the egg-shaped National Grand Theater.


2pm-5pm


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