Bank of England: rate at 0.50%, QE steady at £375B 

Bank-of-England

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 economic projections will appear in the forthcoming Inflation Report to be published at 10.30 a.m. on Wednesday 14 May.

The minutes of the meeting will be published at 9.30 a.m. on Wednesday 21 May.

 

Source: BoE

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