Bank of England Maintains Interest Rates

April 9, 2009 by Scott  
Filed under Accountancy News

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.

Bank of England Base Rate

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