BoE expands asset purchases by £100 billion

Bank of England blue sky

The Bank of England will increase its asset purchase programme by £100 billion ($124.5 billion) over the next six months, it announced today (June 18).

The central bank’s monetary policy committee (MPC) voted to increase purchases to £745 billion, with Andrew Haldane, the BoE’s chief economist, the only member to vote against the move.

In another vote, the MPC decided unanimously to continue its existing £200 billion quantitative easing programme and leave interest rates unchanged at 0.1%. The

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:

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: