Bank rate remains at 0.5%
The Bank of England published 10th May 2018 – Monetary Policy Committee announcement and Inflation Report.
At its meeting ending on 9 May 2018, the Monetary Policy Committee (MPC) voted by a majority of 7-2 to maintain Bank Rate at 0.5%.
The Committee voted unanimously to maintain the stock of sterling non-financial investment-grade corporate bond purchases, financed by the issuance of central bank reserves, at £10 billion.
The Committee also voted unanimously to maintain the stock of UK government bond purchases, financed by the issuance of central bank reserves, at £435 billion.
Read the Monetary Policy Summary and Minutes
The Bank also published its latest Inflation Report, alongside the Monetary Policy Committee’s summary and minutes.
Read the Inflation Report