'Paralysed' BoE keeps interest rates at 0.1%

Mirrors Fed

'Paralysed' BoE keeps interest rates at 0.1%

The “paralysed” Bank of England (BoE) remained in “wait-and-see mode” as it delayed a potential interest rate cut until after Brexit negotiations conclude.

The Bank kept rates at 0.1% on Thursday (17 December), mirroring Wednesday's move from the US Federal Reserve, as it awaits news of whether or not the UK will secure a trade deal with the EU. Markets...

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