BoE: Bank Rate held at 0.25%, Corporate Bond Purchases at up to £10bn LeapRate

March 16, 2017 BY Valentina Kirilova

BoE: Bank Rate held at 0.25%, Corporate Bond Purchases at up to £10bn

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 15 March 2017, the Committee voted by a majority of 8-1 to maintain Bank Rate at 0.25%. The Committee voted unanimously to…

July 14, 2016 BY Valentina Kirilova

Bank of England Maintains Bank Rate at 0.5% and the Size of the Asset Purchase Programme at £375 Billion

What happened during the Monetary Policy Committee meeting Financial markets have reacted sharply to the United Kingdom’s vote to leave the European Union. Since the Committee’s previous meeting, the sterling effective exchange rate has fallen by 6%, and short-term and longer-term interest rates have declined. Reflecting the fall in the level of sterling, financial market…

September 03, 2014 BY Andrew Saks-McLeod

FXCM offers raw spread accounts to Japanese traders

Japan's keen traders are set to experience FXCM's innovative shift in pricing model to a fee-based system, where no markups will be calculated

Tag: bank rate