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

Latest News

Bank of England maintains Bank Rate at 0.5% and the size of the Asset Purchase Programme at £375 billion

14 July 2016

The MPC voted by a majority of 8-1 to maintain Bank Rate at 0.5%. The Committee also voted unanimously to maintain the stock of purchased assets financed by the issuance of central bank reserves at £375 billion. More »

Other News

External MPC Unit Discussion Paper 47: The effect of unconventional monetary pol... More »

21 July 2016

Agents' Summary of Business Conditions, July 2016 Update More »

20 July 2016

In Focus

FinTech Accelerator

Working with new technology firms to help harness FinTech innovations for central banking. Register interest by 24 July More »

EU referendum: your questions answered

We answer some of your most frequent questions about the EU referendum More »

Quarterly Bulletin 2016 Q2

New articles on the Independent Evaluation Office and households' inflation expectations More »

Every Image tells a Story

Visit our free family event at the Museum this summer More »

Forthcoming Events
FXJSC Survey Results – April 2016 (14:00)
25 July 2016
Asset Purchase Facility Quarterly report: 2016 Q2 (09:30)
25 July 2016

Key Facts

Current Bank Rate Inflation Target 0.5%
View past decisions Next due:
4 Aug 2016
Monetary Policy Summary and Minutes Inflation Target 14 Jul
Quantitative Easing Asset Purchase Programme Inflation Target £375 bn
More information Next due:
4 Aug 2016
Current Inflation Inflation Target 0.5%
Target 2.0% Next due:
16 Aug 2016

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