{"id":36611,"date":"2020-11-05T00:05:00","date_gmt":"2020-11-04T20:05:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=36611"},"modified":"2020-11-05T12:11:54","modified_gmt":"2020-11-05T08:11:54","slug":"boe-leaves-rates-unchanged-expands-qe-by-150-billion","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/boe-leaves-rates-unchanged-expands-qe-by-150-billion\/11\/05\/market-updates\/","title":{"rendered":"BOE Leaves Rates Unchanged, Expands QE by \u00a3150 Billion"},"content":{"rendered":"\n<p>The Bank of England&#8217;s (BOE) Monetary Policy Committee (MPC) decided to leave the benchmark interest rate unchanged at 0.10% at its November policy meeting, as the second nationwide lockdown kicks-in this Thursday.<\/p>\n\n\n\n<p>The BOE expanded the Quantitative Easing (QE) program by \u00a3150 billion to \u00a3895 billion.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><\/p><cite>Sees UK GDP -11% in 2020 (August projection: -9.5%).<br>Sees UK GDP 7.25 in 2021 (August projection: +9%).<br>Sees UK GDP 6.25% in 2022 (August projection: +3.5%).<br>Sees UK GDP 1.75% in 2023.<br>Sees UK GDP -11% in 2020 (August projection: -9.5%).<br>Sees UK GDP 7.25 in 2021 (August projection: +9%).<br>Sees UK GDP 6.25% in 2022 (August projection: +3.5%).<br>Sees UK GDP 1.75% in 2023.<\/cite><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>The Bank of England&#8217;s (BOE) Monetary Policy Committee (MPC) decided to leave the benchmark interest rate unchanged at 0.10% at its November policy meeting, as the second nationwide lockdown kicks-in this Thursday. The BOE expanded the Quantitative Easing (QE) program by \u00a3150 billion to \u00a3895 billion. Sees UK GDP -11% in 2020 (August projection: -9.5%).Sees &hellip;<\/p>\n","protected":false},"author":9,"featured_media":32147,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4707,36],"tags":[6967],"class_list":["post-36611","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-breaking-news","category-market-updates","tag-boe"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/36611","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=36611"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/36611\/revisions"}],"predecessor-version":[{"id":36612,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/36611\/revisions\/36612"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32147"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=36611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=36611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=36611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}