Saturday July 4, 2020

Bank of England keeps key interest rate at 0.5%

The Bank of England has kept its key interest rate at a record low of 0.5 per cent, as the euro area economy stumbled and domestic growth showed signs of losing momentum.

9th October, 2014
BOE keeps key interest rate at 0.5%

The Bank of England has kept its key interest rate at a record low of 0.5 per cent, as the euro area economy stumbled and domestic growth showed signs of losing momentum.

While the nine-member Monetary Policy Committee split on the need for an increase at the last two meetings, the majority voted to hold the key rate at its current level today.

Euro area outlook has continued to deteriorate even after European Central Bank President...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 6 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago