Bank of England (BoE) announced its Monetary Policy Committee (MPC) voted 9-0
to keep the Bank Rate at 0.1 percent at its August meeting, as widely expected.
The MPC also voted unanimously to maintain the stock of sterling non-financial investment-grade corporate bond purchases at GBP20 billion and voted by a majority of 7-1 to continue with the existing programme of UK government bond purchases at GBP875 billion, thus maintaining the total target stock of asset purchases at GBP895 billion.
In its policy report, the BoE notes:
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