Bank Rate Maintained At 0.1% - August 2020

The Caithness Business Index has posted the following article:

Bank Rate Maintained At 0.1% - August 2020

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The Bank of England's Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. In that context, its challenge at present is to respond to the economic and financial impact of the Covid-19 pandemic. [Read Full Article]