The BoE's nine monetary policymakers voted 8-1 to keep its government bond-buying programme at 875 billion pounds ($1.22 trillion). They voted 9-0 in favour of keeping its corporate bond programme at 20 billion pounds.
The BoE's chief task is to use monetary policy as a tool to keep the inflation rate close to a 2.0-percent target, in order to preserve the value of money.