Thursday, March 7, 2013

Bank maintains QE programme at £375bn and base rate at 0.50%

Bank holds fire on QE as it appears King outvoted again

The Bank of England has decided to keep base rate at 0.50 per cent and to maintain the asset purchase programme of quantitative easing at £375 billion.

Posted by ben @ 12:22 PM (1069 views)
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2 thoughts on “Bank maintains QE programme at £375bn and base rate at 0.50%

  • Perhaps they’re beginning to wise up. After all, the strategy of reaching for another monopoly box and just adding the virtual money from that into the existing game is just pi**ing off the other players enough that they, simply, don’t want to play the game anymore!

    Where’s your rent then, Raffles?

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  • They are waiting for fiscal easing elsewhere to not make Sterling fall fast enough to scare the sheople.

    If they bold the stable, they can’t be fleeced.

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