Speculation rises over negative interest rates as BoE rules out tightening

The Bank of England’s Monetary Policy Committee has voted unanimously to maintain Bank Rate at 0.1%.

At its latest meeting, the MPC said it “does not intend to tighten monetary policy until there is clear evidence that significant progress is being made in eliminating spare capacity and achieving the 2% inflation target sustainably.

Source: Financial Reporter
GO TO ARTICLE +