Bank of England MPC maintains bank rate at 0.5% and increased QE by £50 billion
5 July, 2012, 19:02. Posted by Zarathustra
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| By Adrian Pingstone [Public domain], via Wikimedia Commons |
The Bank of England Monetary Policy Committee announced that they are keeping bank rate unchanged at 0.5%, while the target for asset purchase programme is increased by £50 billion to £375 billion as the market expected.
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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.