Latest news for Bank of England Bank of England news feed from the Invest Differently magazine

Interest Rates On Hold For 32nd Consecutive Month - More QE Remains Likely As Global Economic Outlook Deteriorates
(14/11/2011)

Interest rates have been kept on hold for the 32nd consecutive month by the Bank of England after the Monetary Policy Committee's (MPC's) November meeting. In addition, the size of the asset purchase facility (commonly known as quantitative easing) was held constant at £275 billion. The economic outlook in the UK - and the West in general - has deteriorated sharply in recent months, making the prospect of a rise in interest rates any time soo... [more]

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