Bank of EnglandMPC holds base rate to mark 6th anniversary at 0.5%

Committee members also voted to maintain the programme of quantitative easing at £375bn. The QE programme has remained unchanged since July 2012, when it was increased from £325bn.

Minutes from the committee’s February meeting showed it voted unanimously to maintain base rate as it seeks to achieve its target inflation rate of 2 per cent.

The minutes from March’s MPC meeting will be published on 18 March.

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