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2009 to end with lowest rates

Posted By Admin ,
Tuesday, 18 May 2010

The Bank of England Monetary Policy Committee announced there were to be no changes in interest rates this week. The rate remains at 0.5%

The bank announced it was continuing with the Quantitive Easing policy injecting a further £25 billion into the economy in November, taking the total to £200 billion since the policy was announced in March 2009.

 

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