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Bank of England: rates unchanged, Qe confirmed

The Bank of England meeting ended with a majority vote. No hike in interest rates, buying continues. The cautious line confirmed

Bank of England: rates unchanged, Qe confirmed

La Bank of England (BoE) left interest rates unchanged at 0,50% and kept unchanged the asset purchase plan (Quantitative Easing).

The last intervention on the cost of money dates back to 2 November 2017, when the Central Bank raised rates by 25 basis points.

The decision to leave interest rates unchanged was voted by the majority of the Monetary Policy Committee (MPC): there were 7 votes in favor, 2 against.

The Monetary Policy Committee (MPC) then unanimously agreed to confirm the £435bn QE plan and £10bn of corporate bond purchases.

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