The BOE drops rates paid on commercial bank reserves to all time low 0.5% from 1%. The Committee also voted to continue with its programme of asset purchases totalling £175 billion financed by the issuance of central bank reserves.
The BOE drops rates paid on commercial bank reserves to all time low 0.5% from 1%. The Committee also voted to continue with its programme of asset purchases totalling £175 billion financed by the issuance of central bank reserves.
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