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Monetary Policy

Announcements relating to monetary policy and from monetary authorities, central banks and reserve banks such as the Bank Of England

Quantitative Easing - Bank of England Increases Size of Asset Purchase Programme by £50 Billion to £125 Billion and Maintains Bank Rate at 0.5%

By John Walker on May 7, 2009

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 continue with its programme of asset purchases financed by the issuance of central bank reserves and to increase its size by £50 billion to a total of £125 [...]

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