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Previously on "As you were - Base Rate held at 0.5%"

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  • DimPrawn
    replied
    Print print print .....

    What debt crisis?

    Leave a comment:


  • Martin@AS Financial
    started a topic As you were - Base Rate held at 0.5%

    As you were - Base Rate held at 0.5%

    Afternoon Chaps

    No great surprise really - this is now the 42nd consecutive month.

    Taken from BOE website:

    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 £375 billion, financed by the issuance of central bank reserves.

    The Committee expects the announced programme of asset purchases to take another two months to complete. The scale of the programme will be kept under review.

    The minutes of the meeting will be published at 9.30am on Wednesday 19 September.

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