Bank of England holds on quantitative easing

The Bank of England has opted to wait and see what impact its quantitative easing programme is having before pledging a further boost to the money supply.

The Bank, as expected, also maintained bank rate at an all-time low of 0.5%.

The Bank has so far agreed to use £75 billion ($109.8 billion) out of a potential pot of $150 billion to boost the money supply through outright purchases of government and corporate bonds. The Monetary Policy Committee said on Thursday that it had spent $26

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: