BoE holds interest rates at 0.1% but says further easing warranted
Industry News | 05/11/20
The Bank of England’s Monetary Policy Committee has voted unanimously to maintain Bank Rate at 0.1%, but say that a “further easing of monetary policy is warranted”.
The Committee agreed to increase the target stock of purchased UK government bonds by an additional £150 billion, taking the total stock of government bond purchases to £875 billion.
Source: Financial Reporter
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