The Bank of England’s Monetary Policy Committee today voted to reduce the official Bank Rate paid on commercial bank reserves by 1.0 percentage points to 2.0%.
Full article here.
The minutes of the meeting will be published at 9.30am on Wednesday 17 December.
Notes to Editors
The previous change in Bank Rate was a reduction of 1.5 percentage points to 3.0% on 6 November 2008.
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