Powered by lexis nexis

-Bank of England-Bank Rate held at 0.25%, government bond purchases at GBP435bn and corporate bond purchases at up to GBP10bn

Feb 03, 2017 - ENP Newswire

The Bank of England's Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment.

At its meeting ending on 1 February 2017, the Committee voted unanimously to maintain Bank Rate at 0.25%. The Committee voted unanimously to continue with the programme of sterling non-financial investment-grade corporate bond purchases, financed by the issuance of central bank reserves, totalling up to GBP10 billion. The Comm...