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BOE maintains rate, stock of assets, as expected
Thursday, March 5, 2015 5:34
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The Bank of England (BOE), the central bank of the United Kingdom, maintained its benchmark bank rate at 0.5 percent, as widely expected, along with the stock of assets purchased by issuing reserves to commercial banks at 375 billion pounds.
The BOE, which has kept its rate at technically zero since March 2009 to aid economic recovery, added that minutes of its latest meeting would be published on March 18.
In December last year the BOE agreed that it would start publishing minutes of the monetary policy committee meetings starting with the March meeting but only after a delay of eight years. The BOE will publish transcripts of the part of the meeting at which policy decisions are made along with key inputs.
Source: http://www.centralbanknews.info/2015/03/boe-maintains-rate-stock-of-assets-as.html
