Bank of England Maintains Bank Rate at 0.5% and continues with £125 Billion Asset Purchase Programme
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 continue with its programme of asset purchases totalling £125 billion financed by the issuance of central bank reserves.
http://www.bankofengland.co.uk/publications/news/2009/059.htm
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