The Bank of England’s Monetary Policy Committee has maintained base rate at 0.5 per cent and the size of its programme of quanitative easing at £375bn. The MPC has held base rate at a record low level of 0.5 per cent since March 2009. QE has remained unchanged since July 2012 when it was raised by £50bn.
No Change To Base Rate & QE
Posted in Interest Rates