Thursday, April 09, 2009

Bank of England Keeps Rate at 0.5%

Bank of England Maintains Bank Rate at 0.5% and continues with £75 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 the programme, announced on 5 March, of asset purchases totalling £75 billion financed by the issuance of central bank reserves.

Bank of England maintains Bank Rate at 0.5%

DATED: 09.04.09

FEED: BoE





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