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Home | MPC keeps UK rates at 0.5% |
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MPC keeps UK rates at 0.5%
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- September 06, 2012
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The Monetary Policy Committee (MPC) of the Bank of England announced today that it is keeping the United Kingdom’s interest rate unchanged from its record low of 0.5%. The MPC has also decided to leave unchanged the scale of the quantitative easing (QE) asset purchase programme (effectively printing money) at £375bn. The last time that [...]
- Read more at:http://www.bankingtimes.co.uk/2012/09/06/mpc-keeps-uk-rates-at-0-5/
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