Bank of England keeps rates and size of bond-buying plan on hold
- Country:
- United Kingdom
The Bank of England kept the size of its stimulus program unchanged and left its benchmark interest rate at an all-time low of 0.1% on Thursday.
Economists taking part in a Reuters poll had expected no policy changes by the BoE as it waits to see if a post-lockdown jump in inflation proves transitory and whether unemployment rises when the government scales back its job-protection scheme.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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- The Bank of England
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