BoE expected to keep interest rates on hold despite inflation concerns

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BoE expected to keep interest rates on hold despite inflation concerns

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06-09-2010, 07:50 PM

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BoE expected to keep interest rates on hold despite inflation concerns

The Bank of England’s Monetary Policy Committee (MPC) is tomorrow expected to keep UK interest rates on hold at the historically low level of 0.5% for the 16th consecutive month. Furthermore, all nine members of the MPC are expected to keep the quantitative easing programme (QE) on hold. QE, also known as printing money, is a [...]

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