Bank of England MPC keeps interest rate unchanged, expands QE to £325 billion
9 February, 2012, 20:02. Posted by Zarathustra
Tags: Bank of England, Economy, United Kingdom
As expected, the Bank of England maintains interest rate unchanged at 0.5%, while the asset purchase programme a.k.a. quantitative easing programme being expanded by £50 billion from £275 billion to £325 billion. Both are in-line with market expectation
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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.