The Bank of England’s Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank reserves at 0.5%. The Committee also voted to maintain the stock of asset purchases financed by the issuance of central bank reserves at £200 billion.
The Committee’s latest inflation and output projections will appear in the Inflation Report to be published at 10.30am on Wednesday 16 February.
The minutes of the meeting will be published at 9.30am on Wednesday 23 February.
June has been a bit of a roller coaster ride, with most of it spent with me white knuckled and screaming as the track plunges vertically downwards. For July I hope...
A better showing today, even if I still have work to do on that patience (I’m sure this will be a recurring weakness that will drive me nuts until I get a grip...
A better showing today, even if I still have work to do on that patience (I’m sure this will be a recurring weakness that will drive me nuts until I get a grip...