Bank of England holds interest rates at 3.75% amid Iran war peace prospects
The Bank of England's Monetary Policy Committee voted 7-2 to keep rates on hold.
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The Bank of England's Monetary Policy Committee voted 7-2 to keep rates on hold.
The Bank of England held U.K. interest rates at 3.75% on Thursday, as policymakers continue to balance the need to address above-target inflation with lackluster economic output. The hold, which was in-line with the expectations of economists polled by Reuters, was backed by seven of the nine monetary policy committee
The Bank of England held U.K. interest rates at 3.75% on Thursday, as policymakers continue to balance the need to address above-target inflation with lackluster economic output. The hold, which was in-line with the expectations of economists polled by Reuters, was backed by seven of the nine monetary policy committee