Bank of England holds interest rates at 0.75%

Unanimous decision

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Bank of England Governor Mark Carney. Photo: Jin Lee/Bloomberg/Bank of England/Flickr CC BY-ND 2.0
Image:

Bank of England Governor Mark Carney. Photo: Jin Lee/Bloomberg/Bank of England/Flickr CC BY-ND 2.0

The Bank of England's Monetary Policy Committee (MPC) voted unanimously to keep interest rates on Thusday (19 September) at 0.75% as it warned of an uncertain path ahead for UK rates.

All nine policymakers voted to maintain rates at current levels, noting "the MPC judges at this meeting that the existing stance of monetary policy is appropriate" to achieve its 2% inflation target...

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