The pound advanced against its major trading partners in the European session on Thursday, as the Bank of England kept its interest rate unchanged in a split vote at its final meeting of the year, saying that it was too early to judge the impact of recent domestic policy developments in economy.
At the Monetary Policy Committee meeting, Governor Mark Carney and six other members voted to maintain the interest rate at 0.75 percent. Meanwhile, Jonathan Haskel and Michael Saunders repeated their call for a quarter point reduction.
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Forex News
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.