BoE stays put, Haldane votes for reduction in asset purchases

by | Jun 24, 2021

Share this article

A green sustainable earth

Rate-setters at the Bank of England voted unanimously to keep Bank Rate at its current level, but its chief economist said its asset purchase target should be reduced.
Both vote results were correctly anticipated by the consensus.

Bank Rate therefore stayed at 0.10%, the target for the asset purchase programme £875bn and that for corporate bonds at £20bn.

— More to follow —

 
 

Share this article

Related articles

Sign up to the IFA Magazine Newsletter

Trending articles

IFA Talk logo

IFA Talk is our flagship podcast, that fits perfectly into your busy life, bringing the latest insight, analysis, news and interviews to you, wherever you are.

IFA Talk Podcast - listen to the latest episode

x