The Governor invited the Committee to vote on the propositions that:
- Bank Rate should be maintained at 0.5%;
- The Bank of England should finance a further £75 billion of asset purchases by the issuance of central bank reserves, implying a total quantity of £275 billion of such asset purchases.
Regarding Bank Rate, the Committee voted unanimously in favour of the proposition.
Regarding the stock of asset purchases, the Committee voted unanimously in favour of the proposition.
Minutes of the meeting