BoE keeps interest rates and QE on hold

clock

The Bank of England has held interest rates and quantitative easing at current levels, amid increasing speculation there will be a further round of asset purchases in November.

The Monetary Policy Committee voted to maintain interest rates at 0.5% and keep quantitative easing gilt purchases at £375bn. In July, the Bank announced a £50bn expansion in QE in a bid to boos...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

SPP launches guides for those in early stages of pensions career

SPP launches guides for those in early stages of pensions career

Organisation has produced several ‘bite sized’ videos for early career pension professionals

Jasmine Urquhart
clock 06 January 2025 • 1 min read
Buzz: What will your scheme be tackling in 2025?

Buzz: What will your scheme be tackling in 2025?

Dashboard staging dates, bulk annuity market insurers and 2025 new year’s resolution

Professional Pensions
clock 06 January 2025 • 1 min read
Pension recruiter Zatori completes share buy-back

Pension recruiter Zatori completes share buy-back

Specialist recruiter says move is ‘natural progression’ for its business

Jonathan Stapleton
clock 06 January 2025 • 1 min read
Trustpilot