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Bank Rate maintained at 0.1% - March 2021
The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 17 March 2021, the Committee judged that the existing stance of monetary policy remains appropriate. The MPC voted unanimously to maintain Bank Rate at 0.1%. The Committee voted unanimously for the Bank of England to maintain the stock of sterling non-financial investment-grade corporate bond purchases, financed by the issuance of central bank reserves, at £20 billion. The Committee voted unanimously for the Bank of England to ... (full story)
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— Cable FX Macro (@cablefxmacro) March 18, 2021️*BOE WON'T TIGHTEN BEFORE EVIDENCE OF GOOD PROGRESS ON INFLATION
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— Christophe Barraud#BOE: IF INFLATION OUTLOOK WEAKENS, MPC IS READY TO TAKE ACTION - BBG
*BOE SAYS RECENT NEWS ON NEAR-TERM ACTIVITY HAD BEEN POSITIVE(@C_Barraud) March 18, 2021
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