Bank of England Held Bank Rate at 0.25%
London | 3rd August 2017
On 2nd August 2017, Bank of England’s Monetary Policy Committee (MPC) maintain Bank Rate at 0.25%, voted by a majority of 6-2.
” Bank of England Held Rate at 0.25%, Target 2% Inflation “
The Committee voted unanimously to maintain corporate bond purchases at £10 billion and government bond purchases at £435 billion. The monetary policy is set to meet the 2% inflation target, to help sustain growth and employment.
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