The Monetary Policy Committee has left the bank base rate unchanged again for the 17th consecutive month.
The Bank of England has voted to leave the bank rate unchanged at 0.5% at its August meeting yesterday, for a record 17 months in a row. The Bank’s Monetary Policy Committee (MPC) also kept the stock of asset purchases financed by the issuance of central bank reserves, or gilts, at £200 billion. This is…
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