Bank Of England Keeps Rate Steady, Boosts Bond Buying
The Bank of England maintained its official bank rate at 0.5 percent but boosted the size of its bond purchase program by 50 billion pounds to 375 billion, as widely expected. The BoE’s Monetary Policy Committee said the combination of its recent, and prospective, expansion of lending schemes to ease tight [...]
The Bank of England maintained its official bank rate at 0.5 percent but boosted the size of its bond purchase program by 50 billion pounds to 375 billion, as widely expected.
The BoE’s Monetary Policy Committee said the combination of its recent, and prospective, expansion of lending schemes to ease tight liquidity in the banking system and continued stimulus from past policy measures should help the economy gradually strengthen.
“But against the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards