June 10, 2010 | 
Author 
As widely expected, the Bank of England (BoE) today kept the Interest Rate at the low of 0.5%, which it first reached in March 2009.
At the same time the bank decided not to inject any more money into the UK economy and therefore left the level of quantitative easing at £200bn
Interestingly a Reuters poll of 61 economists suggested that the central bank would not raise rates until next year.
For more information visit:
http://www.bankofengland.co.uk/statistics/li/2010.htm
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Categories: Bank Interest Rates |
Tags: Bank of England, BoE, Interest rates, quantitative easing | 
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