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Promoting the good of the people of the United Kingdom by maintaining monetary and financial stability

Latest News

Financial Policy Committee statement from its meeting, 22 March 2017

27 March 2017

At its meeting on 22 March, the FPC reviewed developments since its meetings in November 2016 and assessed the outlook for UK financial stability by identifying the risks faced by the UK financial system and assessing the resilience of the system to them. More »

Other News

2017 stress test scenarios explained More »

27 March 2017

Brexit and the pound - speech by Ben Broadbent More »

23 March 2017

In Focus

Fraudulent emails

Received an email saying it's from the Bank of England? - check first! More »

Inflation Calculator

Use our online tool to find out how the cost of goods and services have changed over time More »

Withdrawal of paper £5 note

The paper £5 note, featuring Elizabeth Fry, will be withdrawn from 5 May More »

Agents' summary of business conditions

We've just published our latest Agents' summary for 2017 Q1 More »

Forthcoming Events
Chris Salmon: Panellist at the Profit & Loss Forex Network London (08:45). No text to be released
29 March 2017
Effective interest rates - February 2017 (09:30)
29 March 2017

Key Facts

Current Bank Rate Inflation Target 0.25%
View past decisions Next due:
11 May 2017
Quantitative Easing Asset Purchase Programme Inflation Target £435 bn
More information Next due:
11 May 2017
Corporate Bond Purchases Inflation Target up to
£10 bn
More information  
Current Inflation Inflation Target 2.3%
Target 2.0% Next due:
11 Apr 2017

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