Bank of England holds interest rates at 0.5% at its first meeting of 2018
|02/08/2018||Posted by BusinessMediaguide.Com under General World News||
- The Bank of England left interest rates unchanged at 0.5% on Thursday.
- It was the BoE’s first monetary policy decision of 2018
- Policy was widely expected to remain unchanged, although the bank is expected to raise rates once or twice this year.
- Bank signals that policy may be “tightened somewhat earlier and by a somewhat greater extent over the forecast period” if UK economy continues to grow.
LONDON — The Bank of England left interest rates unchanged at 0.5% at the first meeting of its Monetary Policy Committee in 2018, it was announced on Thursday.
The MPC voted unanimously in favour of leaving rates unchanged, read more >>>