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.
DATED: 09.04.09
FEED: BoE
Labels: Delayed Drafts
