On Thursday, the Bank of England adopted the decision to maintain main parameters of monetary policy during its meeting, as it is stated in the regulator‘s press release, Prime reports.
It maintained the bank interest rate at record low level of 0.5% per annum and confirmed the amount of asset buyout from market of GBP 375 bn. These decisions fully coincide with expectations of the analysts, polled by DailyFX.
“The committee sets monetary policy with the aim of achieving the target inflation index at the level of 2% as well as for ensuring sustainable economic and employment growth”, as it is explained in the regulator’s message.
The committee on monetary policy virtually unanimously adopted the decision on maintaining the bank rate at the current level.
