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Monday, 11 May 2015
News

BoE left interest rates unchanged

Bank of England kept interest rates steady at a record-low 0.5% on Monday, in line with expectations, judging that the outlook for prices and wages is still too weak for it to raise the cost of borrowing despite solid growth prospects. The Bank issued no statement but Governor Mark Carney will explain more on Wednesday, when he presents a quarterly update to the central bank's forecasts for growth and inflation.
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Thursday, 09 April 2015
News

BoE left its interest rates unchanged

As it was largely expected BoE left its interest rates unchanged.The Bank of England’s Monetary Policy Committee at its latest meeting voted to maintain Bank Rate at 0.5%. The Committee also voted to maintain the stock of purchased assets financed by the issuance of central bank reserves at £375 billion.The minutes of the meeting will be published at 9.30 a.m. on Wednesday 22 April. 
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Thursday, 05 March 2015
News

BoE left interest rates unchanged

As it was largely anticipated, the Bank of England’s Monetary Policy Committee at its meeting today voted to maintain Bank Rate at 0.5%. The Committee also voted to maintain the stock of purchased assets financed by the issuance of central bank reserves at £375 billion. 
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Thursday, 19 February 2015
News

McCafferty doubts rate hike will happen before elections

Sterling is still higher after yesterday's BoE Meeting Minutes and better than forecasted UK job figures.Though BoE Meeting Minutes showed that interest rate hike could happen sooner than expected BoE member McCafferty doubts that this will happen before the election, scheduled for May. In his opinion it is better to hold rates constant for a longer time, but he confirmed that all BoE members agree next move in rates is likely to be upwards.

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