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No change for interest rates and QE

4th April 2013

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The Bank of England has hired Innovia to supply its new plastic bank notes

The Bank of England has hired Innovia to supply its new plastic bank notes

THE Bank of England's monetary policy committee (MPC) opted to hold interest rates and its programme of quantitative easing today. In the Budget Chancellor George Osborne tweaked the MPC's mandate saying it would now be able to consider more than just inflation when setting interest rates. But many economists do not expect more stimulus until Mark Carney - currently Canada's central bank chief - becomes governor of the Bank of England in July. British manufacturing shrank for a second successive month in March, acco......for the full story register now for free or login below...


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