BOE Sees Chance of Another Cut This Year as Rate Held at 0.25%

Updated on
  • MPC votes unanimously to keep policy unchanged this month
  • Notes stronger near-term data, won’t infer on longer term

BOE Holds Key Rate Steady at 0.25% in 9-0 Vote

Bank of England policy makers indicated there’s still a chance of another rate cut this year as they assess the potential longer-term fallout from Britain’s decision to leave the European Union.

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