Bank of England maintains Bank Rate at 0.5%
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Bank Rate at 0.5%
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Asset Purchase Programme at £375 billion
The Bank of England’s Monetary Policy Committee at its meeting on 08 January 2015 voted to maintain Bank Rate at 0.5%. The Committee also voted to maintain the stock of purchased assets financed by the issuance of central bank reserves at £375 billion, and so to reinvest the £4.35 billion of cash flows associated with the redemption of the January 2015 gilt held in the Asset Purchase Facility.
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Bank of England maintains Bank Rate at 0.5% and the size of the Asset Purchase Programme at £375 billion
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Bank of England maintains Bank Rate at 0.5% and the size of the Asset Purchase Programme at £375 billion- Bank of England maintains Bank Rate at 0.5%
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