News Tag: MPC
March 17, 2010
Minutes of the Bank of England’s March meeting have been released today and have revealed that the Monetary Policy Committee (MPC) voted unanimously earlier this month to keep interest rates at the historic low of 0.5%.
Furthermore, all nine members of the MPC opted to keep the quantitative easing (QE) on hold.
QE, also known as printing money, ...
Bank voted 9-0 to hold rates and QE programme
by Kay Murchie
March 4, 2010
The Bank of England’s Monetary Policy Committee (MPC) has today elected to keep UK interest rates on hold at the historically low level of 0.5% for the 12th consecutive month.
In addition, it has opted not to inject any more funds into the economy via its quantitative easing (QE) scheme - introduced to stimulate growth within the economy.
Last month, ...
BoE keeps interest rates and QE on hold
by Kay Murchie
BoE expected to keep interest rates on hold
by Kay Murchie
February 17, 2010
Minutes of the Bank of England’s February 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 put the brakes on the quantitative easing (QE) programme.
QE, also known as printing ...
Bank voted 9-0 to hold rates and QE programme
by Kay Murchie
February 4, 2010
The Bank of England’s Monetary Policy Committee (MPC) has today elected to keep UK interest rates on hold at the historically low level of 0.5% for the eleventh month in a row.
In addition, it has put the brakes on its quantitative easing (QE) scheme - introduced to stimulate growth within the economy.
QE, also known as printing money, ...
BoE keeps interest rates on hold and halts QE
by Kay Murchie
BoE expected to leave interest rates on hold and halt QE
by Kay Murchie
January 20, 2010
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 known as printing ...
Bank voted 9-0 to hold rates and QE programme
by Kay Murchie
January 7, 2010
The Bank of England’s Monetary Policy Committee (MPC) has today elected to keep UK interest rates on hold at the record low of 0.5% - a level which has been in force since March 2009.
Furthermore there are no changes to its quantitative easing (QE) programme. In November, the Bank announced that it would pump another £25 billion into the economy under ...
UK interest rates unchanged at 0.5%
by Kay Murchie
BoE widely expected to leave interest rates at 0.5% today
by Kay Murchie
December 10, 2009
The Bank of England’s Monetary Policy Committee (MPC) has today elected to keep UK interest rates on hold at the record low of 0.5% for the ninth month in a row.
Furthermore there are no changes to its quantitative easing (QE) programme. Last month, the Bank announced that it would pump another £25 billion into the economy under its QE ...
UK interest rates unchanged for ninth consecutive month
by Kay Murchie
BoE widely expected to leave interest rates at 0.5% today
by Kay Murchie
November 18, 2009
Minutes of the Bank of England’s November 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%.
However, the minutes show that the MPC was split three ways over whether to increase its quantitative easing (QE) programme.
Seven members of the nine-strong committee ...
November minutes show Bank split over QE increase
by Kay Murchie
October 27, 2009
Bank of England’s Monetary Policy Committee (MPC) member, Adam Posen, has warned that the UK is facing a Japan-style lost decade.
Japan, which is the world’s second largest economy, endured a so-called “Lost Decade” in the 1990s, whereby economic expansion grinds to a halt.
In a speech, Mr Posen warned that Britain's dysfunctional banking system bears similarities with that of Japan and could ...
MPC member warns of ‘lost decade’
by Kay Murchie
October 21, 2009
Minutes of the Bank of England’s October 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, the MPC voted 9-0 to leave its quantitative easing programme unchanged at £175 billion and said it would not extend it ...
BoE policy makers voted 9-0 to keep interest rates on hold
by Kay Murchie
October 8, 2009
The Bank of England’s Monetary Policy Committee has today elected to keep UK interest rates on hold at the record low of 0.5% for the seventh month in a row.
The move was widely expected after a week of mixed economic data, which suggests that the UK may not have exited recession in the third quarter as hoped - official ...
UK interest rates unchanged for seventh consecutive month
by Kay Murchie
September 23, 2009
Minutes of the Bank of England’s September 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, the Bank also opted to leave its quantitative easing programme unchanged at £175 billion and said it would not extend it.
While ...
BoE policy makers voted 9-0 to keep interest rates on hold
by Kay Murchie
September 10, 2009
The Bank of England’s Monetary Policy Committee has today elected to keep UK interest rates on hold at the record low of 0.5% for the sixth month in a row.
The move was widely expected after a raft of positive economic news this week, suggesting that the UK is beginning to emerge from recession.
Meanwhile, the Bank also said it ...
UK interest rates unchanged for sixth consecutive month
by Kay Murchie
August 20, 2009
Gerard Lyons, chief economist at Standard Chartered Bank, is predicting that interest rates could remain at historically low levels for many years to come.
Interest rates currently stand at 0.5% - the lowest level since the Bank of England was established over 300 years ago.
According to Mr Lyons, it is quite likely that the Bank of England’s ...
Historically low interest rates to stay for years, predicts top economist
by Kay Murchie
July 22, 2009
Minutes of the Bank of England’s July 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%.
As well as the unchanged interest rate, there were no plans to expand the current £125 billion programme of quantitative easing but ...
BoE policy makers voted 9-0 to keep interest rates on hold
by Kay Murchie
June 16, 2009
David Blanchflower, the former member of the Bank of England’s Monetary Policy Committee (MPC), believes job losses in the UK are set to soar, with unemployment among the young becoming a "national tragedy".
Mr Blanchflower’s bleak forecast comes ahead of unemployment figures, due to be released tomorrow.
Furthermore, other reports out today have revealed some alarming results with regard ...
Former MPC member latest to forecast rise in unemployment
by Kay Murchie
