Bank of England keeps Bank Rate at 0.5%

By Allen Walkey | November 6, 2015

The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy in order to meet the 2% inflation target and in a way that helps to sustain growth and employment. At its meeting ending on 4 November 2015, the MPC voted by a majority of 8-1 to maintain Bank Rate at 0.5%, Yesterday the Bank’s…

Read More