MPC agrees on rates
Tags: Market-Matters
Minutes from the latest monthly meeting of the Bank of England's rate setting committee has revealed that all nine members voted to maintain interest rates at 0.5%.
The Monetary Policy Committee (MPC) met on 4 and 5 April. Eight of the members also voted to maintain the size of the quantitative easing programme at £325 billion, although one member, David Miles, voted to increase the size of the initiative by an additional £25 billion.
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April 19, 2012
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