Interest Rates Stay at 0.5% to Start 2015

By Jonathan Davies

The Bank of England has kept interest rates at 0.5% in its first decision of 2015.

The Monetary Policy Committee (MPC), which sets interest rates, also kept its bond-buying programme unchanged at £375bn.

Interest rates aren't expected to be raised until the end of 2015. In March, interest rates will have been at the record low of 0.5% for six years.

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