Bank of England maintains historic low rate at 0.1%

The Bank of England’s Monetary Policy Committee (MPC) has held interest rates at 0.1%, and stuck to its £895bn asset purchase target, despite inflation fears.

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Bank of England holds interest rates at 0.1%

Bank of England policymakers have held interest rates at the record low of 0.1% as it expects the UK’s economic recovery to gather pace.

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Expect a year of ultra-low interest rates - AJ Bell

Markets are pricing in the Bank of England keeping the base rate low, or even cutting it further, throughout 2021 despite the roll out of Coronavirus vaccines and the emergence of a Brexit deal, according to AJ Bell.

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Bank Rate held at 0.75% as growth forecast slashed

The Bank of England has held the Bank Rate at 0.75% as it cut forecasts for UK growth over the next two years.

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