boe keeps benchmark interest rate at 05 percent
Wednesday 30 July 2025
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle

BoE keeps benchmark interest rate at 0.5 percent

Themuslimchronicle, themuslimchronicle

Themuslimchronicle, themuslimchronicleBoE keeps benchmark interest rate at 0.5 percent

The Bank of England
London - XINHUA

The Bank of England (BoE), Britain's central bank, held the benchmark interest rate at the record low of 0.5 percent, BoE announced on Thursday.

At BoE' s Monetary Policy Committee (MPC) meeting ending on Wednesday, all nine members of the MPC voted to freeze the rates.

The Committee also voted unanimously to keep the stock of purchased assets financed by the issuance of central bank reserves unchanged at 375 billion pounds (about 533 billion U.S. dollars).

The Bank warned uncertainty over the EU referendum could cause "some softening" in growth in the first half of 2016.

The MPC sets monetary policy in order to meet the 2 percent inflation target and in a way that helps to sustain growth and employment.

According to the British Office for National Statistics (ONS), twelve-month CPI inflation increased to 0.5 percent in March but remains well below the 2 percent inflation target.

themuslimchronicle
themuslimchronicle

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

boe keeps benchmark interest rate at 05 percent boe keeps benchmark interest rate at 05 percent

 



Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle

GMT 08:26 2018 Tuesday ,23 January

Five things to know about Davos

GMT 20:55 2017 Wednesday ,09 August

Australia locates missing submerged US aircraft

GMT 09:00 2015 Wednesday ,26 August

NFL quarterback Michael Vick joins Steelers as back up

GMT 20:22 2017 Saturday ,05 August

2,000 ISIS militants still in Syria’s Raqqa

GMT 00:01 2017 Saturday ,22 April

OmanPride: 'Omanis are kind and generous'

GMT 13:01 2017 Thursday ,30 November

Streaking Cavs survive James' first career ejection

GMT 06:21 2017 Saturday ,11 March

UAE students launch first nano satellite into space

GMT 08:16 2011 Friday ,24 June

Tuxedos launch Paris menswear shows

GMT 12:44 2011 Monday ,12 December

Business trip: Frankfurt

GMT 12:17 2017 Sunday ,05 February

‘Queen’ Ahlam’s Dubai Opera concert a hit

GMT 14:01 2017 Thursday ,17 August

Wal-Mart reports lower profits but higher US sales

GMT 09:06 2018 Tuesday ,23 January

US warns Russia on Syria chemical attack report
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
 
 Themuslimchronicle Facebook,themuslimchronicle facebook  Themuslimchronicle Twitter,themuslimchronicle twitter Themuslimchronicle Rss,themuslimchronicle rss  Themuslimchronicle Youtube,themuslimchronicle youtube  Themuslimchronicle Youtube,themuslimchronicle youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

muslimchronicle muslimchronicle muslimchronicle muslimchronicle
themuslimchronicle themuslimchronicle themuslimchronicle
themuslimchronicle
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
themuslimchronicle, themuslimchronicle, themuslimchronicle