Bank of England announces Interest rate maintained at 0.5%

By Allen Walkey | February 9, 2018

The Bank of England announced yesterday 8th February that the Monetary Policy Committee (MPC) at its meeting ending on 7 February 2018,  voted unanimously 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…

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