Base interest rate and money supply on hold

Investment News - Base Interest Rate And Money Supply On Hold - Sky News Online - 14 Jan 2011 - by James Sillars

The base interest rate has been kept on hold for a 22nd consecutive month by the Bank Of England's Monetary Policy Committee.

It means the record low bank rate of 0.5% is maintained.

There was also confirmation that there would be no extension of quantitative easing to boost money supply.

The decision not to raise base interest rates was expected, despite soaring inflation and commodity prices which are set to feed into the market place.

The Government's target measure of inflation - the consumer prices index - hit 3.3% in November, driven by the rising cost of food, clothes and oil.

Most members of the Monetary Policy Committee (MPC) are banking on these pressures being a problem in only the short-term.

Sick of your Property agent not responding, or truly managing the changes in the market going on right now then give us a call 01522503717 or www.ezytrac.co.uk


Brett Alegre-Wood
January 14, 2011

Our Capital Growth Picks - Regeneration Hotspots & Developments

We Give You First Access & Negotiate Discounts on london and UK Property Development in the latest Regeneration Hotspots.

London

Manchester

Birmingham

Southall

Plumstead

Our Cash Flow Picks - High Yielding BTL, HMO & Assisted Living

Access Fully Managed High Yielding Property In UK Minor Cities.

Watford

Slough

Staines

Leeds

London

London

Manchester

Birmingham

Watford

Current Developments

View Available Property

Related Property Articles & News

One Great Property Idea
Masterclass

How Property Investors with Little Time Can Invest in New Build and Off Plan Property using a Regeneration Strategy and Where Exactly to Invest.

THIS WEDNESDAY @

530pm London GMT

THIS TUESDAY @

1230pm London GMT

Property Investment... Effortlessly Done For You!