Interest rate remains on hold at 0.25%
September 15, 2017
Bank of England Monetary Policy Committee Announcement 14th September 2017.
At its meeting ending on 13 September 2017, the Monetary Policy Committee voted by a majority of 7-2 to maintain Bank Rate at 0.25%.
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 voted unanimously to maintain the stock of UK government bond purchases, financed by the issuance of central bank reserves, at £435 billion.
The pound sterling strengthened against both the Euro and the Dollar yesterday.
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