Uncertainties surrounding Britain's exit from the European Union have increase significantly, damping the financial market activity and posing risks to the growth outlook, Bank of England policymakers warned on Thursday as they unanimously left the key interest rate and asset purchase targets unchanged.
The nine-member Monetary Policy Committee, led by Governor Mark Carney, held the bank rate unchanged at 0.75 percent in line with economists' expectations. The previous change in the bank rate was a quarter-point hike in August and the rate is now at its highest level since 2009.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.