F&I Management & Training

Bank of England Maintains Bank Rate at 0.5% and the Size of the Asset Purchase Programme at £200 Billion

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 maintain the stock of asset purchases financed by the issuance of central bank reserves at £200 billion.

News Release - Bank of England maintains Bank Rate at 0.5% and maintains the Size of the Asset Purchase Programme at £200 billion

DATED: 07.10.10

FEED: BoE