With uncertain backdrop, Bank of England joins US Fed in keeping interest rates on hold
Mar 19, 2025
The Bank of England has kept its main U.K. interest rate unchanged at 4.50% even though the economy is barely growing and the nation faces more uncertainty in light of the tariff policies being enacted by the Trump administration in the U.S. The decision by the nine-member Monetary Policy Committee
on Thursday was widely expected, and comes a day after the U.S. Federal Reserve also kept interest rates unchanged. ...read more read less