Bank of Enland

Quantitative Monetary Stimulus Raised in the U.K.

November 5, 2020

The Bank of England’s Monetary Policy Committee left its bank rate steady at 0.10% but augmented the program of government bond purchases by GBP 150 billion to GBP 875 billion. The bank rate earlier this year was cut 50 basis points on March 11 and by a further 15 bps eight days later to its […] More