The Bank of England denied expansion of bond purchase program
August 6, 2020
The Bank of England kept the interest rate on hold at 0.1% during the monetary policy meeting. Also, the bank decided not to extend its bond-buying program. In June, it announced an additional increase of 100 billion pounds, which brought the total value of the Asset Purchase Facility to 745 billion pounds.
Company — United Kingdom
Full nameThe United Kingdom of Great Britain and Northern Ireland
Registration countryUnited Kingdom