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UK Interest Rates Kept at Record Low
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04.06.2015
UK interest rates have been held at 0.5% again by the Bank of England.
The Bank also kept the size of its bond-buying stimulus programme unchanged at £375bn.
The decision by the Bank's Monetary Policy Committee (MPC) comes more than six years after the record low was introduced.
The half-dozen years of ultra-low interest rates have cut savings' returns, while mortgage borrowers have benefited from lower repayments.
The Bank also kept the size of its bond-buying stimulus programme unchanged at £375bn.
The decision by the Bank's Monetary Policy Committee (MPC) comes more than six years after the record low was introduced.
The half-dozen years of ultra-low interest rates have cut savings' returns, while mortgage borrowers have benefited from lower repayments.
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