Bank of England keeps base rate at 0.10%
The Monetary Policy Committee (MPC) at the Bank of England has again voted unanimously to keep the bank rate at 0.10%. The committee also voted 7-2 for the continuation of the buying of corporate bonds, with the two breakaway members believing that the economic outlook “warranted a tightening in the monetary policy stance,” which would mean stopping asset purchases “as soon as practical” rather than the end of this year…
