Oct 8: Bank holds rates at 0.5%

Name: Oct 8: Bank holds rates at 0.5%
Uploaded: 2009-10-08T13:26:10.000Z
Duration: PTNaNMNaNS
Channel: Financial Times
Description: Chris Giles sees extension of quantitative easing next month

The Bank of England's monetary policy committee on Thursday voted to leave unchanged its Â£175bn programme to pump money into the UK economy and keep interest rates at 0.5 per cent. Chris Giles, economics editor, looks ahead to a difficult decision for the Bank next month.

October 8, 2009