Sunday, June 07, 2009
Interest Rate Announcements
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.
Bank of England Maintains Bank Rate at 0.5% and continues with £125 Billion Asset Purchase Programme
DATED: 07.06.09
FEED: BoE