Base Rates Remain Unchanged

Published / Last Updated on 12/01/2011

Base Rates Remain Unchanged

Bank of England Maintains Bank Rate at 0.5% and the Size of the Asset Purchase Programme at £200 Billion

The Bank of England’s Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank reserves at 0.5%.  The Committee also voted to maintain the stock of asset purchases financed by the issuance of central bank reserves at £200 billion.

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