Bank of England left the base rate unchanged

Bank of England at the end of the June meeting decided to leave the benchmark interest rate at 0.5% per annum, which coincided with the forecasts of analysts. The volume of buying government bonds is kept at the level of 435 billion pounds, the volume of purchase of corporate bonds - at the level of 10 billion pounds. Members of the Monetary Policy Committee, headed by Mark Carney, said they would not consider selling the debt securities acquired in the quantitative easing until the key rate reaches 1.5%. They noted that any reduction in the volume of assets on the balance sheet of the Central Bank would occur gradually and predictably.

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