Bank of England maintains Bank Rate at 0.5% and the size of the Asset Purchase Programme at £375 billion
The Bank of England’s Monetary Policy Committee at its meeting today 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.
The Committee’s latest inflation and output projections will appear in the Inflation Report to be published at 10.30 a.m. on Thursday 12 February.
The minutes of the meeting will be published at 9.30 a.m. on Wednesday 18 February.
Information on the Asset Purchase Facility can be found on the Bank of England website at: http://www.bankofengland.co.uk/monetarypolicy/Pages/qe/default.aspx.
Source: Bank of England
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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: rate at 0.50%, QE steady at £375B
