Bank of England Base Rate Held for Record 31st Month
- 06/10/11
The September MPC meeting minutes show that there was a unanimous vote against a rise.
This adds weight to the view taken by most industry commentators that there would be no increase in the rate this month. In the past few days there had even been some speculation about a reduction, along with more quantitative easing.
Dev Malle, member of the Financial Services Shadow MPC, and a Director at Personal Touch Financial Services, also anticipated that rates would be held, citing the continuing economic and social pressures facing the country.
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- Bank of England Base Rate Held for Record 31st Month
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Recent MFS Blogs for Footer
- Protecting Maintenance Payments
- Could a "Capped" or "Drop Lock" Mortgage be for You
- What is Credit Scoring?
- Standard Variable Rates on the Rise?
- Bank of England Base Rate Held for Record 31st Month
- Fixed Rates Continue to Fall
- Bank of England Base Rate Held for a record 30th month
- To Fix or Not to Fix
- Are Comparison Sites Impacting on Your Credit Rating?