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The Governor invited the Committee to vote on the propositions that:
- Bank Rate should be maintained at 0.5%;
- The Bank of England should maintain the stock of purchased assets financed by the issuance of central bank reserves at £375 billion.
Regarding Bank Rate, the Committee voted unanimously in favour of the proposition.
Regarding the stock of purchased assets, the Committee voted unanimously in favour of the proposition.
Regarding the stock of purchased assets, the Committee voted unanimously in favour of the proposition.
Minutes of the Monetary Policy Committee Meeting held on 7 and 8 May
