As widely expected, the Bank of England kept the size of its bond buying program unchanged at GBP 375 billion and the interest rates unchanged at record low 0.50 percent.
The pound held steady against its major rivals after the rate announcement. As of 7:05 am ET, the sterling was trading at 1.6054 against the dollar, 141.47 against the yen, 0.8166 against the euro and 1.4813 versus the Swiss franc.
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Forex News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.