Tag: MPC members

• Friday, July 8th 2011 - 06:00 UTC

  Bank of England leaves rates on hold at record low 0.5%

  

  The Bank of England's Monetary Policy Committee (MPC) has kept UK interest rates on hold at a record low of 0.5%. Economists had expected no move in rates because the latest data has shown the UK economic recovery remains weak.

• Thursday, April 7th 2011 - 20:07 UTC

  Bank of England priority list has recovery before inflation: rates unchanged

  

  The Bank of England’s Monetary Policy Committee (MPC) has decided to retain the United Kingdom’s interest rate at 0.5%. The rate, the lowest in the Bank of England’s history, has now been unchanged for over two years despite speculation that higher rates may help combat inflation.

• Friday, March 11th 2011 - 01:48 UTC

  In spite of inflation, Bank of England leaves interest rates at record low 0.5%

  

  UK interest rates have been held again at their record low of 0.5% by the Bank of England's Monetary Policy Committee. There has now been no change to the Bank rate for two years, despite the fact that inflation is currently twice the Bank's target rate.