07.05.2020, 10:53
Bank of England Maintains Base Rate at 0.1%
Source: OREANDA-NEWS
OREANDA-NEWS. The Bank of England has maintained the base interest rate at 0.1% per annum. Also, the limit of funds for the purchase of assets was maintained at the level of £ 645 billion, according to the regulator's website.
"The monetary policy committee unanimously voted to maintain the rate at 0.1%", the regulator said in a statement. Most of the committee members voted to continue the extra repurchase program of government bonds and corporate bonds for £ 200 billion. The total volume of these purchases is £ 645 billion.
The next meeting of the Bank of England is scheduled for June 18, 2020.
"The monetary policy committee unanimously voted to maintain the rate at 0.1%", the regulator said in a statement. Most of the committee members voted to continue the extra repurchase program of government bonds and corporate bonds for £ 200 billion. The total volume of these purchases is £ 645 billion.
The next meeting of the Bank of England is scheduled for June 18, 2020.
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