Bank of England holds key rate at 0.5% in unanimous vote

• December 14, 2017
• realestate
• Announcements, Business & Markets, Real Estate, Real Estate Finance

The Bank of England on Thursday left its key interest rate at 0.5%, meeting widely held expectations after the central bank in November raised the rate for the first time in a decade. The Monetary Policy Committee voted 9-0 to leave the rate steady. The central bank left unchanged the size of its asset purchase program at £435 billion ($584 billion) and its corporate-bond purchase program at £10 billion.