Bank voted 9-0 to hold rates and QE programme

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Bank voted 9-0 to hold rates and QE programme

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01-20-2010, 10:46 PM

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Bank voted 9-0 to hold rates and QE programme

Minutes of the Bank of England’s January meeting have been released today and have revealed that the Monetary Policy Committee (MPC) voted unanimously this month to keep interest rates at the historic low of 0.5%.Furthermore, all nine members of the MPC opted to leave its quantitative easing (QE) programme unchanged at £200 billion. QE, also [...]

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