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- Bank of England kept its interest rate unchanged at 0.50%
Bank of England kept its interest rate unchanged at 0.50%
The Bank of England released its interest decision today. The BoE kept its interest rates unchanged at 0.5% and its asset purchase program unchanged at £375 billion.
Investors are awaiting the release of the minutes of the meeting.
Two external members of the nine-strong Monetary Policy Committee (MPC), Martin Weale and Ian McCafferty, voted last month to hike interest rate from 0.5% to 0.75%. That was the first split vote since Mark Carney became a Bank of England governor.
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