The Bank of England’s Monetary Policy Committee is responsible for making decisions about Bank Rate.| www.bankofengland.co.uk
The Bank of England’s Monetary Policy Committee is responsible for making decisions about Bank Rate.| www.bankofengland.co.uk
Dates for Monetary Policy Committee (MPC) announcements on Bank Rate and publication of MPC meeting minutes and the quarterly Monetary Policy Report.| www.bankofengland.co.uk
We set Bank Rate to influence other interest rates. We use our influence to keep inflation low and stable.| www.bankofengland.co.uk
Quantitative easing (QE) is one of the tools we use to meet our 2% inflation target. QE lowers long-term borrowing costs to support spending in the economy and hit the inflation target.| www.bankofengland.co.uk