F&I Management & Training

10 September 2009

Bank of England Maintains Bank Rate at 0.5% and continues with £175 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 £175 billion financed by the issuance of central bank reserves.

Bank of England Maintains Bank Rate at 0.5% and continues with £175 Billion Asset Purchase Programme

DATED: 11.09.09

FEED: BoE

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