Publication - Bank Rate held at 0.25%, government bond purchases at £435bn and corporate bond purchases at up to £10bn - 03 November 2016
The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 2 November 2016 the Committee voted unanimously to maintain Bank Rate at 0.25%.