We use cookies to improve site performance and enhance your user experience. If you'd like to disable cookies on this device, please see our cookie management page.
If you close this message or continue to use this site, you consent to our use of cookies on this devise in accordance with our cookie policy, unless you disable them.

In association with

Home > Investments > Economic Indicators

By Nick Reeve | Published Sep 06, 2012

Bank of England holds base rate at 0.5%

The Bank of England has held base interest rates at 0.5 per cent for the 42nd month in a row.

As was widely expected, the bank’s rate-setting Monetary Policy Committee held the interest rate at an all time low, marking three and half years since the last change.

It also maintained quantitative easing (QE) at £375bn, as the Bank is still in the process of buying up government bonds using the £50bn additional QE announced in July.

visible-status-Standard story-url-IA web 060912 base rate.xml

Most Popular
More on FTAdviser