Bank of England announces Interest rate maintained at 0.5%

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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Bank of England announces increase in Bank Rate to 0.50%

Announcement from the Bank of England today: Bank Rate increased to 0.50%. At its meeting ending on 1 November 2017, the Monetary Policy Committee voted by a majority of 7-2 to increase Bank Rate by 0.25% to 0.50%. The Committee voted unanimously to maintain the stock of sterling non-financial investment-grade corporate bond purchases, financed by…

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Interest rate remains on hold at 0.25%

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…

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Bank of England holds interest rate at 0.25%

The Bank of England’s Monetary Policy Committee (MPC) announced yesterday the result of their meeting 14th June. The MPC voted by a majority of 5-3 to maintain Bank Rate at 0.25%, the 5-3 vote by the Bank’s policymakers was the closest for a rate rise since 2007. Inflation is now well above the Bank’s target…

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Bank of England – Bank Rate held at 0.25%

The Bank of England’s Monetary Policy Committee (MPC)  at its meeting ending on 10 May 2017, voted by a majority of 7-1 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…

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Interest rates remain on hold at 0.25%

Bank of England – Monetary Policy Committee (MPC) Announcement  and Minutes 16th March 2017. The MPC voted by a majority of 8-1 to maintain Bank Rate at 0.25% at their meeting ending 15 March 2017. The Committee voted unanimously to continue with the programme of sterling non-financial investment-grade corporate bond purchases, financed by the issuance…

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Monetary Policy Committee decision on Thursday

The Monetary Policy Committee  voted unanimously on Thursday to leave interest rates at 0.25% and asset purchases at £435bn, this was a decision very much expected by analysts. The Bank of England (BoE) reiterated that it was ready to tighten or loosen policy if needed to respond to any changes in the economic outlook as…

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