# Bank Rate held at 0.25%, government bond purchases at £435bn and corporate bond purchases at £10bn - May 2017 | Bank of England – the UK's central bank

> The Bank of England held Bank Rate at 0.25% by a 7-1 vote at its May 2017 meeting. It also kept government bond purchases at £435bn and corporate bond purchases at £10bn, and it noted that demand slowed in the first quarter of 2017.

- Date: 2017-05-11 · published 2017-05-11T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/71246-bank-rate-held-at-0-25-government-bond-purchases-at-435bn-and-corporate-bond
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

A steady policy stance signals no sudden change in sterling funding costs or import demand. Price effects on feed commodities are minimal.

## Sources

- bankofengland.co.uk: https://www.bankofengland.co.uk/monetary-policy-summary-and-minutes/2017/may-2017

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.