BoE stands pat, expects GDP to recover rapidly towards pre-Covid levels over 2021

<p>BoE kept monetary policy unchanged as widely expected. Bate Rate is held at 0.10%. Total target stock of asset purchases also stayed at GBP 895B. Both decisions were made with unanimous votes. The central bank pledged that, “if the outlook for inflation weakens, the Committee stands ready to take whatever additional action is necessary to […]</p>
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