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

Latest News

Bank Rate held at 0.25%, government bond purchases at £435bn and corporate bond purchases at up to £10bn

11 May 2017

Our Monetary Policy Committee has voted 7-1 to keep Bank Rate at 0.25%. The committee voted unanimously to continue with the programmes of corporate bond purchases and UK government bond purchases. More »

Other News

Complete FX Global Code published More »

25 May 2017

Inflation Report, May 2017 More »

11 May 2017

In Focus


The economy made simple. More »

Inflation Calculator

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

Agents' summary of business conditions

We've just published our latest Agents' summary - May 2017 update More »

Withdrawal of the paper £5 note

How to exchange the paper £5 note, featuring Elizabeth Fry. More »

Forthcoming Events
Effective interest rates - April 2017 (09:30)
31 May 2017
Bankstats (Monetary & Financial Statistics) - April 2017 (09:30)
31 May 2017

Key Facts

Current Bank Rate Inflation Target 0.25%
View past decisions Next due:
15 Jun 2017
Quantitative Easing Asset Purchase Programme Inflation Target £435 bn
More information Next due:
15 Jun 2017
Corporate Bond Purchases Inflation Target up to
£10 bn
More information  
Current Inflation Inflation Target 2.7%
Target 2.0% Next due:
13 Jun 2017

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