Bank of England Maintains Bank Rate at 0.5%

Bank of England Maintains Bank Rate at 0.5% and continues with £200 Billion Asset Purchase Programme

The Bank of England’s Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank reserves at 0.5%. The Committee also voted to continue with its programme of asset purchases totalling £200 billion financed by the issuance of central bank reserves.

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