BOE leaves bank rate unchanged at 0.10%, raises QE facility to £875 billion

November 05, 2020 at 07:00AM

BOE announces its latest monetary policy decision – 5 November 2020
I reckon the market is liking the hard-line that the BOE is taking with their approach above. They delivered more than what was expected as the consensus was for a £100 billion increase in gilts purchases, so that reaffirms their commitment to the economy.
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Author:!/boe-leaves-bank-rate-unchanged-at-010-20201105 Selected by SYFX+

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