Bank of England MPC maintains interest rate and QE unchanged
10 May, 2012, 19:02. Posted by Zarathustra
The Bank of England Monetary Policy Committee (MPC) has decided to keep the bank rate at 0.5% and the asset purchase programme a.k.a. QE at £325 billion. This is in-line with the market expectation.
The Minutes of this meeting will be out on 23 May.
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About Zarathustra
Zarathustra: Founder and Managing Editor of Also sprach Analyst. Once an analyst, now an investor and entrepreneur. Based in Hong Kong, but Londoner at heart.